Edwards Lifesciences Corp (EW) VP Sells $205,248.60 in Stock
Edwards Lifesciences Corp (NYSE:EW) VP Catherine M. Szyman sold 1,146 shares of the company’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $179.10, for a total value of $205,248.60. Following the transaction, the vice president now directly owns 22,229 shares in the company, valued at $3,981,213.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
EW opened at $179.75 on Friday. The stock has a market cap of $36.45 billion, a PE ratio of 38.24, a P/E/G ratio of 2.26 and a beta of 0.90. Edwards Lifesciences Corp has a 52-week low of $123.00 and a 52-week high of $181.43. The company has a quick ratio of 1.92, a current ratio of 2.61 and a debt-to-equity ratio of 0.19.
Edwards Lifesciences (NYSE:EW) last released its quarterly earnings results on Thursday, January 31st. The medical research company reported $1.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.17. The company had revenue of $977.70 million during the quarter, compared to the consensus estimate of $973.72 million. Edwards Lifesciences had a return on equity of 31.09% and a net margin of 19.40%. During the same quarter in the prior year, the company posted $0.94 EPS. On average, equities research analysts forecast that Edwards Lifesciences Corp will post 5.21 earnings per share for the current year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Executive Wealth Management LLC acquired a new position in shares of Edwards Lifesciences during the 4th quarter worth about $25,000. Sontag Advisory LLC bought a new position in Edwards Lifesciences in the 4th quarter valued at $26,000. Lindbrook Capital LLC bought a new position in Edwards Lifesciences in the 4th quarter valued at $27,000. Capital Financial Planning LLC bought a new position in Edwards Lifesciences in the 4th quarter valued at $28,000. Finally, Nelson Roberts Investment Advisors LLC bought a new position in Edwards Lifesciences in the 4th quarter valued at $30,000. Institutional investors own 83.29% of the company’s stock.
About Edwards Lifesciences
Edwards Lifesciences Corporation provides products and technologies for structural heart disease and critical care monitoring in the United States and internationally. It offers transcatheter heart valve therapy products comprising transcatheter aortic valve replacement, and transcatheter mitral and tricuspid therapies for the nonsurgical replacement of heart valves.
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