ABIOMED (ABMD) : Affinity Wealth Management scooped up 1,205 additional shares in ABIOMED during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 3,318 shares of ABIOMED which is valued at $410,403.ABIOMED makes up approximately 0.27% of Affinity Wealth Management’s portfolio.
Other Hedge Funds, Including , Pinebridge Investments sold out all of its stake in ABMD during the most recent quarter. The investment firm sold 4,768 shares of ABMD which is valued $589,754.Congress Asset Management Co boosted its stake in ABMD in the latest quarter, The investment management firm added 71,076 additional shares and now holds a total of 75,276 shares of ABIOMED which is valued at $9,051,939. ABIOMED makes up approx 0.20% of Congress Asset Management Co’s portfolio. Cable Hill Partners added ABMD to its portfolio by purchasing 123 company shares during the most recent quarter which is valued at $14,791. ABIOMED makes up approx 0.01% of Cable Hill Partners’s portfolio.Clarivest Asset Management boosted its stake in ABMD in the latest quarter, The investment management firm added 1,600 additional shares and now holds a total of 11,912 shares of ABIOMED which is valued at $1,405,259. ABIOMED makes up approx 0.04% of Clarivest Asset Management’s portfolio.Weaver C. Barksdale Associates reduced its stake in ABMD by selling 103 shares or 86.55% in the most recent quarter. The Hedge Fund company now holds 16 shares of ABMD which is valued at $1,880.
ABIOMED closed down -0.09 points or -0.07% at $121.43 with 3,69,444 shares getting traded on Friday. Post opening the session at $121, the shares hit an intraday low of $120.35 and an intraday high of $122.06 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, ABIOMED reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.24. The company had revenue of $103.00 million for the quarter, compared to analysts expectations of $97.48 million. The company’s revenue was up 40.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.
Abiomed Inc. is a provider of temporary percutaneous mechanical circulatory support devices. The Company offers care to heart failure patients. The Company’s products include Impella 2.5 a percutaneous micro heart pump with an integrated motor and sensors; Impella CP which is primarily used by either interventional cardiologists to support patients in the catheter lab or by surgeons in the heart surgery suite; Impella 5.0 and Impella LD a percutaneous micro heart pumps with integrated motors and sensors for use primarily in the heart surgery suite; Impella RP a percutaneous catheter-based axial flow pump that is designed to allow greater than four liters of flow per minute; AB5000 a circulatory support system for the temporary support of acute heart failure patients in profound shock and Symphony a minimally invasive implantable cardiac assist device.