Catasys, Inc. (NASDAQ:CATS) COO Curtis Medeiros bought 21,835 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average cost of $10.74 per share, for a total transaction of $234,507.90.
Curtis Medeiros also recently made the following trade(s):
- On Monday, March 16th, Curtis Medeiros bought 18,262 shares of Catasys stock. The shares were purchased at an average cost of $10.09 per share, for a total transaction of $184,263.58.
Shares of NASDAQ:CATS opened at $14.38 on Friday. The company’s fifty day moving average price is $14.63 and its 200-day moving average price is $15.55. The firm has a market capitalization of $182.32 million, a price-to-earnings ratio of -9.22 and a beta of 1.81. Catasys, Inc. has a one year low of $8.55 and a one year high of $20.83.
Catasys (NASDAQ:CATS) last issued its quarterly earnings results on Thursday, March 12th. The company reported ($0.52) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.34) by ($0.18). The firm had revenue of $11.76 million for the quarter. As a group, research analysts forecast that Catasys, Inc. will post -0.62 earnings per share for the current fiscal year.
A number of analysts recently weighed in on CATS shares. BidaskClub raised shares of Catasys from a “sell” rating to a “hold” rating in a report on Tuesday, January 14th. Canaccord Genuity reaffirmed a “buy” rating and set a $26.00 target price on shares of Catasys in a report on Thursday. Zacks Investment Research raised shares of Catasys from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, ValuEngine lowered shares of Catasys from a “buy” rating to a “hold” rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $21.50.
Large investors have recently modified their holdings of the company. Russell Investments Group Ltd. bought a new position in shares of Catasys in the 3rd quarter worth $111,000. FNY Investment Advisers LLC increased its holdings in shares of Catasys by 13,788.9% in the 4th quarter. FNY Investment Advisers LLC now owns 5,000 shares of the company’s stock worth $81,000 after buying an additional 4,964 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of Catasys by 3.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 16,725 shares of the company’s stock worth $273,000 after buying an additional 625 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Catasys by 715.3% in the 3rd quarter. Millennium Management LLC now owns 40,763 shares of the company’s stock worth $642,000 after buying an additional 35,763 shares during the last quarter. Finally, Barclays PLC increased its holdings in shares of Catasys by 84.4% in the 4th quarter. Barclays PLC now owns 7,209 shares of the company’s stock worth $118,000 after buying an additional 3,299 shares during the last quarter. 19.54% of the stock is currently owned by hedge funds and other institutional investors.
Catasys, Inc provides big data predictive analytics, artificial intelligence and telehealth, combined with human intervention services to health plans and other third party payors. It offers OnTrak solution to improve treatment outcomes and lower the utilization of medical and behavioral health plan services.
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