In last trading session, CVRx Inc (NASDAQ:CVRX) saw 0.36 million shares changing hands with its beta currently measuring 1.21. Company’s recent per share price level of $8.0 trading at -$0.35 or -4.19% at ring of the bell on the day assigns it a market valuation of $208.58M. That closing price of CVRX’s stock is at a discount of -131.88% from its 52-week high price of $18.55 and is indicating a premium of 46.25% from its 52-week low price of $4.30. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.16 million shares which gives us an average trading volume of 337.63K if we extend that period to 3-months.
For CVRx Inc (CVRX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.57. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
CVRx Inc (NASDAQ:CVRX) trade information
CVRx Inc’s shares saw a change of -19.27% in year-to-date performance and have moved 17.13% in past 5-day. CVRx Inc (NASDAQ:CVRX) showed a performance of 41.34% in past 30-days. Number of shares sold short was 1.65 million shares which calculate 4.41 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 15.5 to the stock, which implies a rise of 48.39% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would drop -50.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -50.0% for stock’s current value.
CVRx Inc (CVRX) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -28.44% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 24.27% while estimates for its earnings growth in next 5 years are of 14.95%.
CVRx Inc (NASDAQ:CVRX)’s Major holders
Insiders are in possession of 4.26% of company’s total shares while institution are holding 73.63 percent of that, with stock having share float percentage of 76.90%. Investors also watch the number of corporate investors in a company very closely, which is 73.63% institutions for CVRx Inc that are currently holding shares of the company. JOHNSON & JOHNSON is the top institutional holder at CVRX for having 4.1 million shares of worth $49.2 million. And as of 2024-06-30, it was holding 19.3266 of the company’s outstanding shares.
The second largest institutional holder is NEA MANAGEMENT COMPANY, LLC, which was holding about 2.37 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.1649 of outstanding shares, having a total worth of $28.42 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025, the former fund manager was holding 647.35 shares of worth $5.18 million or 2.48% of the total outstanding shares. The later fund manager was in possession of 403.23 shares on May 31, 2025, making its stake of worth around $3.23 million in the company or a holder of 1.55% of company’s stock.