9.80% to Target, Needham Reiterates Buy Rating for Atricure (NDAQ:ATRC) Stock, Carpenter Technology Has 0.98 Sentiment

July 28, 2017 - By Ellis Scott

Among 2 analysts covering Atricure Inc. (NDAQ:ATRC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Atricure Inc. had 2 analyst reports since May 30, 2017 according to SRatingsIntel. The company was maintained on Friday, June 16 by Leerink Swann. The rating was reinitiated by Piper Jaffray on Tuesday, May 30 with “Overweight”.

Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. The company has market cap of $1.90 billion. The Company’s divisions include Specialty Alloys Operations and Performance Engineered Products (PEP). It has a 53.01 P/E ratio. The Company’s SAO segment consists of alloy and stainless steel manufacturing operations.

Since March 17, 2017, it had 0 buys, and 4 insider sales for $2.06 million activity. Another trade for 10,000 shares valued at $214,400 was sold by Krell Elizabeth D. $1.24M worth of AtriCure Inc. (NASDAQ:ATRC) was sold by Seith Douglas J on Tuesday, June 13. Hooven Michael D also sold $220,800 worth of AtriCure Inc. (NASDAQ:ATRC) on Friday, May 5. $377,000 worth of stock was sold by LUX ANDREW L on Friday, March 17.

Investors sentiment decreased to 1.31 in Q4 2016. Its down 0.57, from 1.88 in 2016Q3. It is negative, as 9 investors sold AtriCure Inc. shares while 30 reduced holdings. 15 funds opened positions while 36 raised stakes. 25.67 million shares or 7.02% more from 23.98 million shares in 2016Q3 were reported. Loomis Sayles L P reported 444,653 shares stake. Bank Of New York Mellon has 144,573 shares for 0% of their portfolio. Allianz Asset Ag holds 0% of its portfolio in AtriCure Inc. (NASDAQ:ATRC) for 153,957 shares. Deutsche Comml Bank Ag accumulated 306,566 shares. Blackrock Fund Advisors holds 1.13 million shares. Schwab Charles Inv stated it has 142,347 shares or 0% of all its holdings. Moreover, Renaissance Technologies Lc has 0% invested in AtriCure Inc. (NASDAQ:ATRC) for 57,200 shares. Perkins Capital Mngmt reported 127,750 shares or 2.74% of all its holdings. Macquarie Group Ltd accumulated 87,496 shares or 0% of the stock. Blackrock Institutional Tru Na, a California-based fund reported 829,491 shares. Great West Life Assurance Can invested in 2,154 shares. 14,197 were accumulated by United Capital Fincl Advisers Limited Liability Company. Susquehanna Gru Limited Liability Partnership owns 69,759 shares for 0% of their portfolio. Thompson Davis And has invested 0.03% in AtriCure Inc. (NASDAQ:ATRC). Globeflex Cap L P holds 47,700 shares or 0.23% of its portfolio.

About 289,752 shares traded or 89.95% up from the average. AtriCure Inc. (NDAQ:ATRC) has risen 53.35% since July 28, 2016 and is uptrending. It has outperformed by 36.65% the S&P500.

AtriCure, Inc. is an atrial fibrillation solutions company. The company has market cap of $807.58 million. The Firm develops, makes, and sells devices designed primarily for the surgical ablation of cardiac tissue and systems designed for the exclusion of the left atrial appendage. It currently has negative earnings. It has various product lines for the ablation of cardiac tissue, including its Isolator Synergy Ablation System, for the treatment of persistent and longstanding persistent forms of Afib in patients undergoing certain open concomitant procedures.

About 282,074 shares traded. Carpenter Technology Corporation (CRS) has risen 19.37% since July 28, 2016 and is uptrending. It has outperformed by 2.67% the S&P500.

Ratings analysis reveals 0 of Carpenter Tech’s analysts are positive. Out of 2 Wall Street analysts rating Carpenter Tech, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $35.0 while the high is $38.0. The stock’s average target of $36.50 is -10.19% below today’s ($40.64) share price. CRS was included in 2 notes of analysts from September 9, 2016. On Monday, December 19 the stock rating was initiated by Deutsche Bank with “Hold”. Seaport Global Securities initiated the stock with “Neutral” rating in Friday, September 9 report.

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