Gotham Asset Management LLC boosted its holdings in shares of Masimo Corporation (NASDAQ:MASI – Free Report) by 165.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 342,194 shares of the medical equipment provider’s stock after acquiring an additional 213,168 shares during the period. Gotham Asset Management LLC owned approximately 0.64% of Masimo worth $44,506,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MASI. Engineers Gate Manager LP raised its stake in shares of Masimo by 171.2% in the 4th quarter. Engineers Gate Manager LP now owns 83,458 shares of the medical equipment provider’s stock valued at $10,855,000 after purchasing an additional 52,685 shares during the period. Cinctive Capital Management LP acquired a new stake in shares of Masimo in the 4th quarter valued at about $739,000. Schonfeld Strategic Advisors LLC raised its stake in shares of Masimo by 2,335.1% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 265,036 shares of the medical equipment provider’s stock valued at $34,471,000 after purchasing an additional 254,152 shares during the period. AQR Capital Management LLC raised its stake in shares of Masimo by 3,416.5% in the 4th quarter. AQR Capital Management LLC now owns 1,091,326 shares of the medical equipment provider’s stock valued at $141,938,000 after purchasing an additional 1,060,292 shares during the period. Finally, DF Dent & Co. Inc. raised its stake in shares of Masimo by 31.3% in the 4th quarter. DF Dent & Co. Inc. now owns 142,626 shares of the medical equipment provider’s stock valued at $18,550,000 after purchasing an additional 33,973 shares during the period. 85.96% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
MASI has been the topic of several recent research reports. BTIG Research downgraded Masimo from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 18th. Weiss Ratings raised Masimo from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Raymond James Financial downgraded Masimo from an “outperform” rating to a “market perform” rating in a research report on Friday, March 27th. Wolfe Research downgraded Masimo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Finally, Wells Fargo & Company raised Masimo to a “hold” rating in a research report on Wednesday, March 18th. Nine investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Masimo has a consensus rating of “Hold” and an average price target of $180.40.
Masimo Price Performance
NASDAQ:MASI opened at $179.95 on Thursday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.45 and a current ratio of 2.68. The stock’s 50-day simple moving average is $178.78 and its 200 day simple moving average is $161.40. The company has a market cap of $9.42 billion, a P/E ratio of -17.07, a P/E/G ratio of 1.82 and a beta of 1.11. Masimo Corporation has a 52-week low of $125.94 and a 52-week high of $179.99.
About Masimo
Masimo (NASDAQ: MASI) is a global medical technology company specializing in noninvasive monitoring solutions. The company’s flagship technology, Masimo SET® (Signal Extraction Technology), enhances the accuracy of pulse oximetry in challenging clinical conditions. Beyond pulse oximetry, Masimo’s portfolio extends to brain function monitoring, regional oximetry, and acoustic respiration rate monitoring, serving critical, acute, and ambulatory care settings.
In addition to its core monitoring technologies, Masimo offers a range of patient cables, sensors, and connectivity platforms designed to integrate with hospital information systems and remote monitoring applications.
Featured Articles
- Five stocks we like better than Masimo
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Receive News & Ratings for Masimo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masimo and related companies with MarketBeat.com's FREE daily email newsletter.
