These are top 10 stocks traded on the Robinhood UK platform in July
James P. Mackin, President and CEO of Artivion, Inc. (NYSE:AORT), recently sold company shares valued at approximately $2.19 million. The transactions, disclosed in a recent SEC filing, took place on March 6, 2025. The sale comes at a time when InvestingPro data shows the stock trading at $23.50, with relatively high volatility and technical indicators suggesting oversold conditions.
Mackin sold a total of 88,439 shares, with prices ranging from $24.7644 to $24.8044 per share. This sale was conducted under a pre-established 10b5-1 trading plan. The filing also noted that a portion of these shares was sold to cover tax withholding obligations related to the vesting of performance stock units. The company, currently valued at approximately $990 million, has shown strong revenue growth of 9.75% over the last twelve months.
In addition, Mackin acquired 75,615 shares through the exercise of stock options at a price of $21.55 per share, a transaction valued at approximately $1.63 million. Following these transactions, Mackin holds 865,283 shares of Artivion common stock. The company maintains a healthy liquidity position with a current ratio of 4.34. For deeper insights into Artivion’s valuation and financial health, access the comprehensive research report available on InvestingPro.
In other recent news, Artivion Inc. reported its fourth-quarter 2024 earnings, revealing a revenue of $97.3 million, which fell short of the forecasted $100.82 million. The revenue miss was attributed to a cybersecurity breach that impacted sales by approximately $4.5 million. Despite the revenue shortfall, Artivion’s adjusted EBITDA for the quarter exceeded expectations, coming in at $17.6 million, surpassing the anticipated $17 million. The full-year revenue for 2024 totaled $388.5 million, slightly below the guidance range of $389 million to $396 million. Looking ahead, Artivion projects 2025 revenue to be between $420 million and $435 million, indicating an increase of 10% to 14%, with adjusted EBITDA expected to reach between $83 million and $91 million. Stifel, Needham, and JMP Securities have all maintained a Buy rating on Artivion, although Stifel and Needham have lowered their price targets to $30 and $32, respectively, due to the recent financial performance and ongoing impact of the cyber incident. Despite these challenges, Artivion anticipates a robust recovery in 2025, supported by strong growth in Latin America and Asia Pacific markets.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.