Analyst Downgrades – The Spectranetics Corporation (NASDAQ:SPNC) Stock Gets Downgraded By Raymond James Financial, Inc. from Outperform to Mkt Perform

Analyst Ratings For The Spectranetics Corporation (NASDAQ:SPNC)

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Today, The Spectranetics Corporation (NASDAQ:SPNC) stock was downgraded by Raymond James Financial, Inc. from Outperform to Mkt Perform.

There are 4 hold ratings, 2 buy ratings on the stock.

The current consensus rating on The Spectranetics Corporation (NASDAQ:SPNC) is Hold (Score: 2.33) with a consensus target price of $33.42 per share, a potential 12.98% downside.

Some recent analyst ratings include

  • 7/26/2017-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Outperform ” rating to a ” Mkt Perform” rating.
  • 7/24/2017-Royal Bank Of Canada Reiterated Rating of Hold.
  • 7/10/2017-Canaccord Genuity was Downgraded by analysts at Canaccord Genuity from a “Buy ” rating to a ” Hold” rating. They now have a $38.50 price target on the stock, up previously from $37.00 .
  • 7/6/2017-Northland Securities was Downgraded by analysts at Northland Securities from a “Outperform ” rating to a ” Market Perform” rating.
  • 6/29/2017-Northcoast Research was Downgraded by analysts at Northcoast Research from a “Buy ” rating to a ” Neutral” rating.
  • 6/28/2017-Needham & Company LLC Reiterated Rating of Buy.

Recent Insider Trading Activity For The Spectranetics Corporation (NASDAQ:SPNC)
The Spectranetics Corporation (NASDAQ:SPNC) has insider ownership of 3.70% and institutional ownership of 92.28%.

  • On 3/17/2017 Stacy Powell Mcmahan, CFO, sold 2,864 with an average share price of $28.60 per share and the total transaction amounting to $81,910.40. View SEC Filing
  • On 2/24/2017 Shahriar Matin, COO, sold 19,000 with an average share price of $27.90 per share and the total transaction amounting to $530,100.00. View SEC Filing
  • On 1/19/2017 Joseph M Ruggio, Director, sold 10,000 with an average share price of $25.01 per share and the total transaction amounting to $250,100.00. View SEC Filing
  • On 1/11/2017 Stacy Powell Mcmahan, CFO, sold 290 with an average share price of $24.70 per share and the total transaction amounting to $7,163.00. View SEC Filing
  • On 12/21/2016 Joseph M Ruggio, Director, sold 5,000 with an average share price of $25.00 per share and the total transaction amounting to $125,000.00. View SEC Filing
  • On 8/11/2016 Joseph M Ruggio, Director, sold 5,000 with an average share price of $25.00 per share and the total transaction amounting to $125,000.00. View SEC Filing
  • On 11/6/2015 Scott William Drake, CEO, bought 38,000 with an average share price of $13.24 per share and the total transaction amounting to $503,120.00. View SEC Filing

Recent Trading Activity for The Spectranetics Corporation (NASDAQ:SPNC)
Shares of The Spectranetics Corporation closed the previous trading session at 38.40 down -0.10 -0.26% with 895,338 shares trading hands.

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