John C.M. Farquhar Sells 3,890 Shares of Heartflow (NASDAQ:HTFL) Stock

Heartflow, Inc. (NASDAQ:HTFLGet Free Report) CEO John Farquhar sold 3,890 shares of the company’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $50.00, for a total transaction of $194,500.00. Following the completion of the sale, the chief executive officer directly owned 321,914 shares of the company’s stock, valued at $16,095,700. This trade represents a 1.19% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John C.M. Farquhar also recently made the following trade(s):

  • On Thursday, September 10th, John Farquhar sold 35,010 shares of Heartflow stock. The shares were sold at an average price of $46.42, for a total transaction of $1,625,164.20.
  • On Friday, August 21st, John Farquhar sold 27,230 shares of Heartflow stock. The stock was sold at an average price of $50.00, for a total transaction of $1,361,500.00.
  • On Tuesday, August 18th, John Farquhar sold 32,676 shares of Heartflow stock. The shares were sold at an average price of $45.00, for a total transaction of $1,470,420.00.
  • On Friday, August 14th, John Farquhar sold 15,560 shares of Heartflow stock. The shares were sold at an average price of $39.06, for a total value of $607,773.60.
  • On Monday, August 10th, John Farquhar sold 22,562 shares of Heartflow stock. The stock was sold at an average price of $28.31, for a total value of $638,730.22.
  • On Friday, July 10th, John Farquhar sold 22,562 shares of Heartflow stock. The shares were sold at an average price of $27.75, for a total value of $626,095.50.
  • On Wednesday, June 24th, John Farquhar sold 38,900 shares of Heartflow stock. The stock was sold at an average price of $35.00, for a total value of $1,361,500.00.

Heartflow Trading Down 0.7%

HTFL stock traded down $0.34 during midday trading on Monday, hitting $49.54. The company had a trading volume of 1,619,526 shares, compared to its average volume of 1,556,569. Heartflow, Inc. has a 52 week low of $20.13 and a 52 week high of $51.78. The stock’s 50 day moving average price is $35.52 and its 200 day moving average price is $30.84. The stock has a market cap of $4.31 billion and a price-to-earnings ratio of -27.07.

Heartflow (NASDAQ:HTFLGet Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.15. Heartflow had a negative net margin of 55.82% and a negative return on equity of 23.52%. The firm had revenue of $64.08 million for the quarter. The business’s revenue for the quarter was up 47.7% compared to the same quarter last year. Analysts predict that Heartflow, Inc. will post -0.75 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HTFL. Canaccord Genuity Group increased their target price on shares of Heartflow from $37.00 to $45.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Wells Fargo & Company upped their price target on Heartflow from $37.00 to $39.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. JPMorgan Chase & Co. increased their price objective on Heartflow from $35.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. UBS Group started coverage on Heartflow in a research note on Wednesday, September 9th. They set a “neutral” rating and a $55.00 target price on the stock. Finally, Benchmark restated a “buy” rating on shares of Heartflow in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $44.88.

Check Out Our Latest Research Report on HTFL

Hedge Funds Weigh In On Heartflow

A number of institutional investors have recently bought and sold shares of HTFL. XXEC Inc. purchased a new stake in Heartflow in the second quarter worth about $2,524,764,000. BlackRock Inc. purchased a new position in shares of Heartflow during the 2nd quarter worth approximately $152,502,000. Bamco Inc. NY bought a new position in shares of Heartflow in the 2nd quarter worth approximately $94,625,000. Jupiter Topco LLC purchased a new position in shares of Heartflow in the 2nd quarter valued at approximately $70,983,000. Finally, Janus Henderson Group PLC boosted its position in shares of Heartflow by 152.0% during the first quarter. Janus Henderson Group PLC now owns 2,180,976 shares of the company’s stock valued at $53,063,000 after purchasing an additional 1,315,416 shares in the last quarter.

About Heartflow

(Get Free Report)

Heartflow, Inc is a medical technology company that develops artificial intelligence and imaging solutions for the diagnosis and management of coronary artery disease. Its platform analyzes data from coronary computed tomography angiography (CCTA) scans to create personalized, three-dimensional models of a patient’s coronary arteries.

The company’s primary offering, Heartflow Analysis, is designed to provide noninvasive estimates of fractional flow reserve derived from computed tomography (FFRCT).

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Insider Buying and Selling by Quarter for Heartflow (NASDAQ:HTFL)

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