Heartflow, Inc. (NASDAQ:HTFL – Get Free Report) insider Campbell Rogers sold 9,219 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $41.23, for a total value of $380,099.37. Following the completion of the transaction, the insider owned 86,459 shares of the company’s stock, valued at $3,564,704.57. The trade was a 9.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Heartflow Stock Up 6.3%
NASDAQ:HTFL opened at $49.75 on Friday. Heartflow, Inc. has a 52 week low of $20.13 and a 52 week high of $50.48. The company has a market capitalization of $4.33 billion and a P/E ratio of -27.19. The stock’s fifty day moving average is $30.66 and its two-hundred day moving average is $28.32.
Heartflow (NASDAQ:HTFL – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.15. The business had revenue of $64.08 million for the quarter. Heartflow had a negative return on equity of 23.52% and a negative net margin of 55.82%.The firm’s revenue was up 47.7% on a year-over-year basis. Sell-side analysts anticipate that Heartflow, Inc. will post -0.82 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the stock. Robert W. Baird set a $45.00 price target on shares of Heartflow in a research report on Friday, August 14th. Benchmark restated a “buy” rating on shares of Heartflow in a report on Friday, August 14th. William Blair assumed coverage on shares of Heartflow in a report on Monday, May 4th. They issued an “outperform” rating for the company. JPMorgan Chase & Co. boosted their target price on Heartflow from $35.00 to $45.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Finally, Freedom Capital upgraded Heartflow to a “strong-buy” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Heartflow has a consensus rating of “Moderate Buy” and a consensus target price of $43.43.
Get Our Latest Research Report on HTFL
Heartflow Company Profile
HeartFlow, Inc (NASDAQ: HTFL) is a medical technology company that develops non-invasive diagnostic solutions for coronary artery disease. The company’s core offering translates coronary CT angiography (CTA) data into a patient-specific, three-dimensional physiological model of the coronary arteries. Using advanced image processing and computational modeling, HeartFlow’s analysis estimates fractional flow reserve (FFR) values throughout the coronary tree to identify ischemia-producing lesions without the need for invasive pressure-wire measurements.
HeartFlow’s cloud-based service integrates with clinical workflows: clinicians submit coronary CTA images and receive a detailed, color-coded 3D map and report that highlights lesion-specific FFR values and physiological impact.
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