Campbell & CO Investment Adviser LLC Boosts Position in iRhythm Technologies, Inc. (NASDAQ:IRTC)

Campbell & CO Investment Adviser LLC increased its position in iRhythm Technologies, Inc. (NASDAQ:IRTCFree Report) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,059 shares of the company’s stock after buying an additional 137 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in iRhythm Technologies were worth $948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Financial Gravity Asset Management Inc. bought a new stake in iRhythm Technologies in the second quarter valued at approximately $192,000. Nisa Investment Advisors LLC lifted its position in iRhythm Technologies by 110.3% in the third quarter. Nisa Investment Advisors LLC now owns 574 shares of the company’s stock valued at $54,000 after purchasing an additional 301 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in iRhythm Technologies in the second quarter valued at approximately $85,000. Captrust Financial Advisors lifted its position in iRhythm Technologies by 102.3% in the second quarter. Captrust Financial Advisors now owns 985 shares of the company’s stock valued at $106,000 after purchasing an additional 498 shares during the last quarter. Finally, Pearl River Capital LLC bought a new stake in iRhythm Technologies in the first quarter valued at approximately $232,000.

iRhythm Technologies Trading Up 0.3 %

Shares of iRhythm Technologies stock opened at $121.38 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.16 and a current ratio of 2.29. The business has a 50 day moving average of $107.82 and a 200 day moving average of $97.74. iRhythm Technologies, Inc. has a 52 week low of $70.24 and a 52 week high of $140.23.

Analysts Set New Price Targets

Several analysts have weighed in on IRTC shares. Citigroup upgraded iRhythm Technologies from a “neutral” rating to a “buy” rating and set a $110.00 price objective for the company in a research report on Monday, December 11th. Truist Financial boosted their price objective on iRhythm Technologies from $115.00 to $133.00 and gave the company a “buy” rating in a research report on Friday, December 22nd. Finally, Needham & Company LLC boosted their price objective on iRhythm Technologies from $108.00 to $136.00 and gave the company a “buy” rating in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $133.13.

Check Out Our Latest Research Report on IRTC

Insider Activity at iRhythm Technologies

In other iRhythm Technologies news, EVP Daniel G. Wilson sold 7,218 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $103.31, for a total value of $745,691.58. Following the completion of the transaction, the executive vice president now owns 26,629 shares in the company, valued at $2,751,041.99. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.43% of the stock is owned by corporate insiders.

About iRhythm Technologies

(Free Report)

iRhythm Technologies, Inc, a digital healthcare company, provides ambulatory electrocardiogram (ECG) monitoring products for patients at risk for arrhythmias in the United States. It offers Zio service, an ambulatory cardiac monitoring solution that combines a wire-free, patch-based, and wearable biosensor with a cloud-based data analytic platform to help physicians to monitor patients and diagnose arrhythmias.

Further Reading

Want to see what other hedge funds are holding IRTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iRhythm Technologies, Inc. (NASDAQ:IRTCFree Report).

Institutional Ownership by Quarter for iRhythm Technologies (NASDAQ:IRTC)

Receive News & Ratings for iRhythm Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iRhythm Technologies and related companies with MarketBeat.com's FREE daily email newsletter.