StockNews.com began coverage on shares of BIOLASE (NASDAQ:BIOL – Free Report) in a report released on Thursday. The brokerage issued a sell rating on the medical technology company’s stock.
A number of other brokerages have also commented on BIOL. Benchmark reaffirmed a “speculative buy” rating and set a $0.40 price objective on shares of BIOLASE in a research report on Wednesday, October 2nd. Ascendiant Capital Markets cut their price target on BIOLASE from $3.50 to $2.00 and set a “buy” rating for the company in a report on Tuesday, September 3rd.
View Our Latest Report on BIOLASE
BIOLASE Price Performance
Hedge Funds Weigh In On BIOLASE
An institutional investor recently raised its position in BIOLASE stock. Virtu Financial LLC boosted its holdings in BIOLASE, Inc. (NASDAQ:BIOL – Free Report) by 1,068.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,537 shares of the medical technology company’s stock after acquiring an additional 131,248 shares during the quarter. Virtu Financial LLC owned 0.43% of BIOLASE worth $27,000 at the end of the most recent quarter. 8.79% of the stock is currently owned by institutional investors.
BIOLASE Company Profile
BIOLASE, Inc, together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. Its dental laser systems allow dentists, periodontists, endodontists, pediatric dentists, oral surgeons, and other dental specialists to perform a range of minimally invasive dental procedures, including cosmetic, restorative, and complex surgical applications.
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