K2M Group reports 2Q loss

Paterniano Del Favero
Agosto 3, 2017

361033 shares were traded on K2M Group Holdings, Inc.'s last session.

A number of other equities research analysts also recently commented on KTWO.

ILLEGAL ACTIVITY WARNING: "K2M Group Holdings (KTWO) Receives Daily News Sentiment Score of 0.56" was first reported by Sports Perspectives and is owned by of Sports Perspectives. Legal & General Group Plc now owns 6,763 shares of the medical device company's stock worth $138,000 after buying an additional 564 shares during the period. Rhumbline Advisers raised its position in shares of K2M Group Holdings by 49.2% in the second quarter. Sei Investments Co. now owns 160,000 shares of the medical device company's stock valued at $3,898,000 after buying an additional 89,500 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of K2M Group Holdings by 4.6% in the first quarter. The stock had a trading volume of 1,537,587 shares. Teachers Advisors LLC now owns 42,537 shares of the medical device company's stock worth $852,000 after buying an additional 1,755 shares during the last quarter. (NASDAQ:KTWO) opened at 25.01 on Monday. Columbus Circle Investors now owns 583,037 shares of the medical device company's stock worth $11,958,000 after buying an additional 116,071 shares during the last quarter. Insiders own 5.80% of the company's stock. (NASDAQ:KTWO) is now up 42.01% compared to a 12-month low of $15.45. The average volume stands around 0.4 million shares. The company's 50-day moving average price is $23.64 and its 200 day moving average price is $21.65. The original version of this story can be accessed at https://baseballnewssource.com/markets/k2m-group-holdings-nasdaqktwo-earns-media-impact-score-of-0-56-updated-updated/1209536.html.

In the market the company is trading unchanged by 0.00% since yesterday's close of $21.94. K2M Group Holdings Inc (NASDAQ:KTWO) has risen 113.03% since August 2, 2016 and is uptrending. The medical device company reported ($0.26) EPS for the quarter, missing the Zacks' consensus estimate of ($0.24) by $0.02. Reports Fourth Quarter US Revenue Growth of 21% and ..." published on January 09, 2017 as well as Globenewswire.com's news article titled: "K2M Group Holdings, Inc. The company's revenue was up 11.0% compared to the same quarter previous year. Needham & Company LLC reiterated a "buy" rating on shares of K2M Group Holdings in a research note on Wednesday. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & worldwide trademark & copyright laws.

KTWO has been the subject of several analyst reports. Finally, Oppenheimer Holdings, Inc. set a $29.00 target price on shares of K2M Group Holdings and gave the company a "buy" rating in a research note on Wednesday. Cowen and Company reiterated a "buy" rating and issued a $26.00 target price on shares of K2M Group Holdings in a research note on Wednesday, July 19th.

Among 9 analysts covering K2M Group Holdings (NASDAQ:KTWO), 8 have Buy rating, 0 Sell and 1 Hold.

7/19/2017 - K2M Group Holdings was upgraded by analysts at BidaskClub from a "hold" rating to a "buy" rating. The rating was maintained by Piper Jaffray with "Buy" on Wednesday, August 5. The stock now has a consensus rating of "Buy" and a consensus target price of $25.88. The company's shares were given away at $22.8 per share worth to an income of some $979,192 on account of Cole Gregory S. The stock grabbed 31 new institutional investments totaling 2,080,509 shares while 9 institutional investors sold out their entire positions totaling 346,706 shares. Following the completion of the sale, the chief financial officer now owns 87,425 shares of the company's stock, valued at $1,993,290. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

In other news, insider John Philip Md Kostuik sold 50,000 shares of the company's stock in a transaction on Thursday, May 25th.

Altre relazioni OverNewsmagazine

Discuti questo articolo

SEGUI I NOSTRI GIORNALE