GE HealthCare Technologies Inc. (GEHC) has been on a roller-coaster ride with events including
shares purchase, expansion, stock sell-offs, and
earnings misses. Among the shareholders are Orion Portfolio Solutions LLC, HSBC Holdings PLC, and United Services Automobile Association, while Alberta Investment Management Corp and Franklin Resources Inc. decreased their stakes. Amidst share trading activities, the firm's
CTO sold off shares worth over $259k. The company caught the eyes of potential investors, achieving a neutral rating from Goldman Sachs Group. Analysts speculate future
undervaluation of the company while its current performance lags behind the market. GEHC also launched a
new technology collaboration with Biofourmis to extend patient monitoring outside the hospital. However, weakness in the China market resulted in
missed quarterly revenue estimates. Despite experiencing Q1 revenue miss, optimistic anticipations rise for Q1 earnings aided by increasing demand. Actions suggest the possibility of
institutional investors' ownership to some extent. With concerns about returns on capital, insiders sold off their shares. On the bright side, GEHC unveiled
Head-Only MR Scanner SIGNA MAGNUS amidst partnerships and future growth projection.
Ge Healthcare Technologies GEHC News Analytics from Mon, 27 Nov 2023 08:00:00 GMT to Sat, 01 Jun 2024 17:02:21 GMT -
Rating -2
- Innovation 5
- Information 6
- Rumor 7
