Geode Capital Management LLC has recently announced that it has increased stake in SeaStar Medical Holding Corp (NASDAQ:ICU) by 373.87%. After grabbing 86714.0 shares, the institutional investor is now in possession of 68415.0 shares of the Healthcare Company. The new investment brought the stake of investor firm to 0.23% having worth around $44137.0. Moreover, Warberg Asset Management LLC increased its share by 16500.0 to have a control over 16500.0 shares. And HRT Financial LLC raised its holdings to 10580.0 shares by acquiring 10580.0 shares or 0.03% of the stake.
SeaStar Medical Holding Corp (ICU) concluded trading on 12/28/23 at a closing price of $0.43, with 3.13 million shares of worth about $1.35 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.02% during that period and on Thursday the price saw a loss of about -5.93%. Currently the company’s common shares owned by public are about 42.12M shares, out of which, 27.80M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 24 times over the past 12 months. They bought 776,203 shares in 24 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Lumyna – MW TOPS UCITS Fund are the top 3 mutual funds which are holding stakes in SeaStar Medical Holding Corp Vanguard Extended Market Index Fu is currently holding 0.26 million shares of worth totaling $0.13 million. The company recently came buying 0.25 million shares which brought its stake up to 0.71% of the company’s outstanding shares. Lumyna – MW TOPS UCITS Fund, after buying 5090.0 shares, have now control over 0.01% of the stake in the company. It holds 0.0 shares of worth $2591.0.
SeaStar Medical Holding Corp (NASDAQ: ICU) started trading at $0.425, below -$0.04 from concluding price of the previous day. However, the stock later moved at a day high price of 0.4469, or with a loss of -5.93%. Stock saw a price change of -6.30% in past 5 days and over the past one month there was a price change of -8.73%. Year-to-date (YTD), ICU shares are showing a performance of -89.51% which decreased to -89.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.16 but also hit the highest price of $6.34 during that period. The average intraday trading volume for SeaStar Medical Holding Corp shares is 16.91 million. The stock is currently trading -11.45% below its 20-day simple moving average (SMA20), while that difference is down -29.80% for SMA50 and it goes to -46.90% lower than SMA200.
Geode Capital Management LLC acquired 86714.0 shares of SeaStar Medical Holding Corp having value of about $44137.0. Data submitted at the U.S SEC by Geode Capital Management LLC revealed that the firm now holds 68415.0 shares in the company valued at close to $29418.45, or have control over 373.87% stake in the company. SeaStar Medical Holding Corp (NASDAQ: ICU) currently have 42.12M outstanding shares and institutions hold larger chunk of about 5.31% of that. Holding of mutual funds in the company is about 0.97% while other institutional holders and individual stake holders have control over 10.65% and -0.26% of the stake respectively.
The stock has a current market capitalization of $18.11M and its 3Y-monthly beta is at -1.21. It has posted earnings per share of -$3.06 in the same period. It has Quick Ratio of 0.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ICU, volatility over the week remained 7.19% while standing at 11.98% over the month.
Analysts are in expectations that SeaStar Medical Holding Corp (ICU) stock would likely to be making an EPS of -$0.13 in the current quarter, while forecast for next quarter EPS is -$0.15 and it is -$0.61 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.13 which is -$0.13 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 58.93% while it is estimated to increase by 46.96% in next year.
Analysts at 1 brokerage firms have issued recommendations for the SeaStar Medical Holding Corp (ICU)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
