Economy

K2M Group Holdings Inc

Parkwood LLC divested its ownership by selling 1,607 shares a decrease of 14.8% as of 06/30/2017. The stock had previously closed at $25.01.

There has been some selling insider activity on K2M Group Holdings, Inc. Zacks Investment Research raised shares of K2M Group Holdings from a "sell" rating to a "hold" rating in a research note on Thursday, March 30th.

COPYRIGHT VIOLATION NOTICE: "K2M Group Holdings (NASDAQ:KTWO) Earns Daily Coverage Optimism Score of 0.52" was originally posted by BBNS and is owned by of BBNS. K2M Group Holdings has a consensus target price of $26.57, indicating a potential upside of 7.79%. The rating was maintained by Needham on Tuesday, January 10 with "Strong Buy".

On July 19 analysts at Oppenheimer issued its first research report on the stock by announcing an initial rating of "Outperform". Columbus Circle Investors who had been investing in K2m Group Hldgs Inc for a number of months, seems to be bullish on the $1.09 billion market cap company. The company's 50 day moving average is $23.75 and its 200-day moving average is $21.73.

K2M Group Holdings (NASDAQ:KTWO) last released its quarterly earnings results on Tuesday, May 2nd. The medical device company reported ($0.26) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.24) by $0.02. The company had revenue of $61.89 million for the quarter, compared to analysts' expectations of $60.10 million. K2M Group Holdings had 16 analyst reports since August 5, 2015 according to SRatingsIntel. After $0.37 actual earnings per share reported by Xylem Inc for the previous quarter, Wall Street now forecasts 54.05% EPS growth. The rating was maintained by Piper Jaffray with "Buy" on Wednesday, August 5. The shares were sold at an average price of $22.70, for a total transaction of $1,135,000.00. The share last price represents uptick move of 0.00% in value from company's 52-Week high price and shows 66.41% above change in value from its 52-Week low price. (NASDAQ:KTWO) recently. CFO Gregory S. Cole let go of 956 shares at an average price of $24.33 on Sat the 1st. $85's average target is -9.84% below currents $94.28 stock price. Following the completion of the sale, the insider now owns 199,107 shares in the company, valued at $4,519,728.90.

George Z. Moratis, Global Accounting Officer disclosed the sale of 902 shares. Over the last three months, the shares of the company have changed 16.60% and performed 18.15% over the last six months. It also reduced its holding in Commscope Hldg Co Inc (NASDAQ:COMM) by 299,702 shares in the quarter, leaving it with 1.56 million shares, and cut its stake in Zoetis Inc (NYSE:ZTS). TimesSquare Capital Management LLC boosted its stake in shares of K2M Group Holdings by 44.0% in the first quarter. With short interest at 2,445,440 and short average daily volume at 362,250, days to cover is 6.8 and the percentage of shorted shares is 0.06% as of May 31. Wellington Management Group LLP now owns 1,875,913 shares of the medical device company's stock worth $38,475,000 after buying an additional 175,998 shares during the period. Iguana Healthcare Management LLC now owns 200,000 shares of the medical device company's stock worth $4,102,000 after buying an additional 50,000 shares during the last quarter. K2M Group Holdings had a negative return on equity of 16.02% and a negative net margin of 17.48%.

Trading volume for K2M Group Holdings, Inc. was 3,298 on Wednesday.

T2 Biosystems, Inc.is an in vitro diagnostics company engaged in developing a technology platform offering an alternative to diagnostic methodologies.

Donald Chiboucis increased its stake in K2m Group Hldgs Inc (KTWO) by 19.46% based on its latest 2016Q4 regulatory filing with the SEC. If you are viewing this report on another domain, it was stolen and republished in violation of USA & global copyright and trademark laws.

06/02/2014 - Wells Fargo began new coverage on K2M Group Holdings, Inc. giving the company a " rating. The Company's solutions are focused on achieving three-dimensional Total Body Balance. Its spine products are used by spine surgeons to treat spinal pathologies, such as deformity (primarily scoliosis), trauma and tumor.



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