AtriCure (NASDAQ:ATRC) is scheduled to be releasing its earnings data after the market closes on Tuesday, February 18th. Analysts expect AtriCure to post earnings of ($0.41) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Shares of AtriCure stock opened at $43.84 on Monday. The firm has a 50-day moving average of $36.83 and a 200-day moving average of $30.16. The stock has a market cap of $1.70 billion, a PE ratio of -73.07 and a beta of 0.29. AtriCure has a 52-week low of $22.57 and a 52-week high of $44.32. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.49 and a current ratio of 3.11.
In related news, COO Douglas J. Seith sold 36,363 shares of the company’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $34.00, for a total transaction of $1,236,342.00. Following the completion of the sale, the chief operating officer now owns 131,743 shares of the company’s stock, valued at $4,479,262. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael H. Carrel sold 23,546 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $33.00, for a total transaction of $777,018.00. Following the sale, the chief executive officer now directly owns 650,036 shares of the company’s stock, valued at approximately $21,451,188. The disclosure for this sale can be found here. Insiders have sold 250,219 shares of company stock valued at $9,054,763 in the last ninety days. 8.00% of the stock is currently owned by company insiders.
AtriCure, Inc develops, manufactures, and sells devices for the surgical ablation of cardiac tissue and systems to medical centers in the United States and internationally. The company offers Isolator Synergy and Isolator Synergy Access clamps for the treatment of persistent and long-standing persistent atrial fibrillation concomitant to other open-heart surgical procedures; EPi-Sense guided coagulation system used for the coagulation of tissue; and COBRA Fusion surgical ablation system to combine bipolar temperature-controlled radio frequency energy control with monopolar energy.
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