Establishment Labs Holdings Inc (NASDAQ: ESTA) is 76.98% higher on its value in year-to-date trading and has touched a low of $16.96 and a high of $61.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ESTA stock was last observed hovering at around $44.52 in the last trading session, with the day’s gains setting it 1.3%.
Currently trading at $45.82, the stock is 9.24% and 4.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing 2.92% at the moment leaves the stock 9.96% off its SMA200. ESTA registered -21.12% loss for a year compared to 6-month loss of 3.88%.
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The stock witnessed a 7.79% gain in the last 1 month and extending the period to 3 months gives it a -12.27%, and is 0.37% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.50% over the week and 6.08% over the month.
Establishment Labs Holdings Inc (ESTA) has around 908 employees, a market worth around $1.18B and $151.35M in sales. Profit margin for the company is -54.97%. Distance from 52-week low is 170.17% and -25.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.42%).
The EPS is expected to grow by 26.46% this year.
Establishment Labs Holdings Inc (ESTA) Top Institutional Holders
172.0 institutions hold shares in Establishment Labs Holdings Inc (ESTA), with institutional investors hold 100.23% of the company’s shares. The shares outstanding are 26.09M, and float is at 22.75M with Short Float at 20.86%. Institutions hold 88.91% of the Float.
The top institutional shareholder in the company is JW ASSET MANAGEMENT, LLC with over 3.19 million shares valued at $145.07 million. The investor’s holdings represent 11.4887% of the ESTA Shares outstanding. As of 2024-06-30, the second largest holder is RTW INVESTMENTS, LP with 2.68 million shares valued at $$121.58 million to account for 9.6289 of the shares outstanding. The other top investors are NANTAHALA CAPITAL MANAGEMENT, LLC which holds 2.51 million shares representing 9.0429% and valued at over $114.18 million, while BROWN ADVISORY INC holds 7.7742 of the shares totaling 2.16 million with a market value of $98.16 million.
Establishment Labs Holdings Inc (ESTA) Insider Activity
The most recent transaction is an insider sale by Chacon Quiros Juan Jose,the company’sChief Executive Officer. SEC filings show that Chacon Quiros Juan Jose sold 3,641 shares of the company’s common stock on Jul 11 ’24 at a price of $45.04 per share for a total of $0.16 million. Following the sale, the insider now owns 0.21 million shares.
Establishment Labs Holdings Inc disclosed in a document filed with the SEC on Jul 08 ’24 that Chacon Quiros Juan Jose (Chief Executive Officer) sold a total of 3,866 shares of the company’s common stock. The trade occurred on Jul 08 ’24 and was made at $45.01 per share for $0.17 million. Following the transaction, the insider now directly holds 0.22 million shares of the ESTA stock.
Still, SEC filings show that on Jul 09 ’24, Chacon Quiros Juan Jose (Chief Executive Officer) disposed off 654 shares at an average price of $45.00 for $29431.0. The insider now directly holds 214,376 shares of Establishment Labs Holdings Inc (ESTA).
