2 weeks Ago By ABMN Staff
Novanta Inc. ( NASDAQ:NOVT – Get Free Report ) CFO Robert Buckley sold 1,111 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $180.
45, for a total transaction of $200,479.95. Following the sale, the chief financial officer now directly owns 120,419 shares of the company’s stock, valued at approximately $21,729,608.
55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Robert Buckley also recently made the following trade(s): Novanta Stock Down 2.
3 % NASDAQ:NOVT traded down $4.11 during trading hours on Tuesday, reaching $174.81.
The company’s stock had a trading volume of 191,651 shares, compared to its average volume of 140,303. Novanta Inc. has a 12 month low of $111.
20 and a 12 month high of $187.12. The company has a market capitalization of $6.
27 billion, a P/E ratio of 89.91 and a beta of 1.29.
The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.73 and a current ratio of 2.
77. The stock has a 50 day moving average price of $175.60 and a two-hundred day moving average price of $168.
49. Analyst Ratings Changes Separately, Robert W. Baird raised their price target on Novanta from $170.
00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th. Check Out Our Latest Analysis on Novanta Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently bought and sold shares of the stock.
Bank of Montreal Can grew its holdings in shares of Novanta by 2.6% in the second quarter. Bank of Montreal Can now owns 3,598 shares of the technology company’s stock valued at $599,000 after purchasing an additional 90 shares during the period.
Victory Capital Management Inc. lifted its stake in Novanta by 1.3% during the second quarter.
Victory Capital Management Inc. now owns 7,526 shares of the technology company’s stock worth $1,228,000 after purchasing an additional 99 shares during the last quarter. New York State Teachers Retirement System boosted its stake in Novanta by 1.
7% in the first quarter. New York State Teachers Retirement System now owns 5,876 shares of the technology company’s stock valued at $1,027,000 after acquiring an additional 100 shares in the last quarter. Signaturefd LLC grew its position in shares of Novanta by 38.
3% during the second quarter. Signaturefd LLC now owns 361 shares of the technology company’s stock worth $59,000 after acquiring an additional 100 shares during the last quarter. Finally, Retirement Systems of Alabama increased its position in Novanta by 0.
3% in the 1st quarter. Retirement Systems of Alabama now owns 44,969 shares of the technology company’s stock valued at $7,859,000 after acquiring an additional 119 shares during the period. 98.
35% of the stock is owned by hedge funds and other institutional investors. Novanta Company Profile ( Get Free Report ) Novanta Inc, together with its subsidiaries, provides precision medicine and manufacturing, medical solutions, and robotics and automation solutions in the United States and internationally. The company operates through three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation.
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