ProShare Advisors LLC reduced its holdings in shares of Integer Holdings Co. (NYSE:ITGR – Get Rating) by 10.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,310 shares of the medical equipment provider's stock after selling 867 shares during the quarter. ProShare Advisors LLC's holdings in Integer were worth $590,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ITGR. Advisor Group Holdings Inc. grew its position in Integer by 25.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 5,155 shares of the medical equipment provider's stock valued at $442,000 after purchasing an additional 1,031 shares in the last quarter. American Century Companies Inc. increased its position in shares of Integer by 24.0% in the fourth quarter. American Century Companies Inc. now owns 4,610 shares of the medical equipment provider's stock valued at $395,000 after acquiring an additional 893 shares during the last quarter. abrdn plc raised its holdings in Integer by 10.3% during the fourth quarter. abrdn plc now owns 790,246 shares of the medical equipment provider's stock worth $67,637,000 after acquiring an additional 73,531 shares in the last quarter. Profund Advisors LLC boosted its position in Integer by 8.5% during the fourth quarter. Profund Advisors LLC now owns 3,683 shares of the medical equipment provider's stock valued at $315,000 after purchasing an additional 289 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in Integer by 2.8% in the fourth quarter. First Trust Advisors LP now owns 16,664 shares of the medical equipment provider's stock valued at $1,426,000 after purchasing an additional 460 shares in the last quarter. 99.26% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Carter Houghton sold 2,708 shares of the stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $74.13, for a total transaction of $200,744.04. Following the transaction, the insider now owns 3,262 shares in the company, valued at $241,812.06. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.01% of the company's stock.

Analyst Upgrades and Downgrades

Integer Stock Performance

Shares of NYSE ITGR opened at $63.07 on Thursday. The company has a current ratio of 2.70, a quick ratio of 1.71 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $2.09 billion, a P/E ratio of 27.07 and a beta of 1.21. Integer Holdings Co. has a 12 month low of $63.07 and a 12 month high of $100.71. The stock has a 50 day moving average of $69.83 and a 200-day moving average of $75.43.

Integer (NYSE:ITGR – Get Rating) last released its quarterly earnings data on Thursday, July 28th. The medical equipment provider reported $1.04 EPS for the quarter, missing analysts' consensus estimates of $1.18 by ($0.14). The company had revenue of $350.10 million for the quarter, compared to the consensus estimate of $343.57 million. Integer had a return on equity of 9.50% and a net margin of 6.10%. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $1.07 earnings per share. As a group, equities research analysts predict that Integer Holdings Co. will post 4.3 EPS for the current year.

Integer Company Profile

(Get Rating)

Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through Medical and Non-Medical segments. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, urology, and gastroenterology procedures.

Featured Stories

• Get a free copy of the StockNews.com research report on Integer (ITGR)
• Can Alibaba And Baidu Finally Rally With Delisting Fears Gone?
• Is World Wresting Entertainment Getting Ready to Be Sold?
• 3 Materials Stocks That May Earn a Place on Your Watchlist
• Crowdstrike Stock Retraces, As Earnings Sober Expectations
• Will The Institutions Buy The Dip In Ambarella Stock?

Want to see what other hedge funds are holding ITGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Integer Holdings Co. (NYSE:ITGR – Get Rating).

Receive News & Ratings for Integer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integer and related companies with MarketBeat.com's FREE daily email newsletter.