MiMedx Group, Inc. (NASDAQ:MDXG) stock is currently pricing at roughly $12.33. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 6 analysts covering the company at $13.50. That suggests shares of the stock may have another 9 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $15.00, which would imply another 78 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 4 “Buy” ratings in place. At the same time, 1 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 1 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Piper Jaffray took a look at MDXG shares in a research note released on Mar 03, 2017, and issued a Overweight rating to this company. UBS analysts provided their own take on company recently as well. In a research note published on Dec 12, 2016,the house assigned a Sell rating to this stock. According to a piece that hit the wires on Apr 27, 2016, researchers at First Analysis Sec reconsidered their prior rating on the stock, and lowered it from Overweight Perform to Equal-Weight.
MiMedx Group, Inc. (MDXG) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 30.94 percent of the stock.
If we take a more granular look, Parker (Pete) H. Petit is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 4,836,851 shares, representing a total current market value of roughly $59638372.83. Mr. John C. Thomas,Jr is another major player among company insiders, currently holding 1,774,188 shares as of 1.6%, carrying a current market value of $21875738.04. Charles E. Koob is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 1,312,306 shares, valued at around $16180732.98 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-04-27, the company’s President and COO Taylor William Charles sold 26,000 company shares for 296400. That means, once accounting for this transaction, the President and COO is left with a stake of 642,656 shares, carrying a current total market value of $7923948. In addition, by means of a transaction dated 2017-03-13, Director KOOB CHARLES E sold 50,486 shares worth $429130. After that transaction, this investor is left with a total holding of 1,312,306 shares, representing a total investment value of $16180732.98. We also noted a 2017-03-06 transaction in which MDXG President and COO Taylor William Charles sold 26,000 shares at a stock price of $8.18, carrying a total value of $212680, after which, this insider’s investment stands at 668,656 shares, with an overall financial value of $8244528.