CenterBook Partners LP bought a new stake in Strata Critical Medical (NASDAQ:SRTA – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor bought 735,619 shares of the company’s stock, valued at approximately $3,759,000.
Other large investors also recently added to or reduced their stakes in the company. State of Wyoming acquired a new position in shares of Strata Critical Medical during the 3rd quarter worth $67,000. Fifth Third Wealth Advisors LLC bought a new position in shares of Strata Critical Medical during the 3rd quarter valued at $138,000. Cyndeo Wealth Partners LLC bought a new position in shares of Strata Critical Medical during the 3rd quarter valued at $82,000. Sax Wealth Advisors LLC acquired a new stake in shares of Strata Critical Medical in the 3rd quarter valued at $71,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Strata Critical Medical by 336.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,618 shares of the company’s stock valued at $34,000 after purchasing an additional 5,101 shares during the last quarter. 47.36% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Strata Critical Medical in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Strata Critical Medical presently has an average rating of “Moderate Buy” and an average price target of $8.00.
View Our Latest Report on Strata Critical Medical
Strata Critical Medical Stock Performance
SRTA opened at $5.56 on Friday. The firm has a market cap of $491.89 million, a P/E ratio of -139.00 and a beta of 2.56. The business has a 50 day moving average price of $4.99 and a 200 day moving average price of $5.21. Strata Critical Medical has a twelve month low of $3.95 and a twelve month high of $6.50.
Strata Critical Medical (NASDAQ:SRTA – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.10). Strata Critical Medical had a negative net margin of 8.84% and a negative return on equity of 2.71%. The company had revenue of $74.08 million for the quarter. As a group, analysts anticipate that Strata Critical Medical will post -0.12 earnings per share for the current fiscal year.
Insider Buying and Selling at Strata Critical Medical
In related news, Director Reginald Love sold 5,091 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $5.75, for a total transaction of $29,273.25. Following the completion of the sale, the director directly owned 146,481 shares of the company’s stock, valued at approximately $842,265.75. This represents a 3.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 15.50% of the company’s stock.
Strata Critical Medical Profile
Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.
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