Pulse Biosciences, Inc. (NASDAQ:PLSE - Get Free Report) shares fell 4% during mid-day trading on Thursday . The stock traded as low as $16.81 and last traded at $16.85. 73,147 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 186,510 shares. The stock had previously closed at $17.56.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Pulse Biosciences to a "sell" rating in a research note on Monday, March 31st.
Read Our Latest Research Report on Pulse Biosciences
Pulse Biosciences Price Performance
The company has a 50 day simple moving average of $16.85 and a 200-day simple moving average of $17.98.
Pulse Biosciences (NASDAQ:PLSE - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.25) earnings per share for the quarter.
Institutional Trading of Pulse Biosciences
A number of institutional investors have recently made changes to their positions in PLSE. Vanguard Group Inc. raised its holdings in shares of Pulse Biosciences by 15.1% during the fourth quarter. Vanguard Group Inc. now owns 1,146,339 shares of the company's stock valued at $19,958,000 after acquiring an additional 150,506 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Pulse Biosciences by 0.4% during the fourth quarter. Bank of America Corp DE now owns 788,454 shares of the company's stock valued at $13,727,000 after acquiring an additional 2,884 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Pulse Biosciences by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 460,768 shares of the company's stock valued at $8,024,000 after acquiring an additional 3,603 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Pulse Biosciences by 1,956.7% during the fourth quarter. Invesco Ltd. now owns 214,490 shares of the company's stock valued at $3,734,000 after acquiring an additional 204,061 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Pulse Biosciences by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 149,206 shares of the company's stock valued at $2,598,000 after acquiring an additional 1,092 shares in the last quarter. Hedge funds and other institutional investors own 76.95% of the company's stock.
Pulse Biosciences Company Profile
(
Get Free Report)
Pulse Biosciences, Inc operates as a novel bioelectric medicine company. The company offers CellFX System, a tunable, software-enabled, and console-based platform that delivers nano second duration pulses of electrical energy to non-thermally clear targeted cells while sparing adjacent non-cellular tissue to treat a various medical condition by using its Nano-Pulse Stimulation technology.
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