33,218 Shares in Viveve Medical Inc (VIVE) Purchased by Accredited Investors Inc.

Accredited Investors Inc. acquired a new stake in shares of Viveve Medical Inc (NASDAQ:VIVE) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 33,218 shares of the company’s stock, valued at approximately $31,000. Accredited Investors Inc. owned approximately 0.07% of Viveve Medical at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VIVE. Sargent Investment Group LLC bought a new stake in shares of Viveve Medical in the 4th quarter valued at about $32,000. Bank of New York Mellon Corp raised its holdings in shares of Viveve Medical by 266.6% in the 4th quarter. Bank of New York Mellon Corp now owns 45,223 shares of the company’s stock valued at $47,000 after purchasing an additional 32,888 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Viveve Medical by 13.6% in the 4th quarter. Geode Capital Management LLC now owns 216,566 shares of the company’s stock valued at $227,000 after purchasing an additional 25,975 shares in the last quarter. RTW Investments LP raised its holdings in shares of Viveve Medical by 42.4% in the 4th quarter. RTW Investments LP now owns 4,480,565 shares of the company’s stock valued at $4,705,000 after purchasing an additional 1,333,333 shares in the last quarter. Finally, Nantahala Capital Management LLC raised its holdings in shares of Viveve Medical by 66.7% in the 4th quarter. Nantahala Capital Management LLC now owns 6,581,465 shares of the company’s stock valued at $6,911,000 after purchasing an additional 2,633,333 shares in the last quarter. Institutional investors own 60.99% of the company’s stock.

Shares of Viveve Medical stock traded down $0.01 on Wednesday, reaching $0.59. The stock had a trading volume of 1,600 shares, compared to its average volume of 592,740. The company has a quick ratio of 3.51, a current ratio of 3.89 and a debt-to-equity ratio of 6.21. Viveve Medical Inc has a 1 year low of $0.55 and a 1 year high of $4.34. The company has a market cap of $28.09 million, a P/E ratio of -0.38 and a beta of 0.70.

A number of research analysts have recently issued reports on the stock. Mizuho reaffirmed a “buy” rating and issued a $4.00 price objective on shares of Viveve Medical in a research report on Friday, March 15th. Craig Hallum set a $1.00 price objective on shares of Viveve Medical and gave the stock a “hold” rating in a research report on Friday, January 18th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Viveve Medical in a research report on Monday, February 11th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $4.00.

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Viveve Medical Profile

Viveve Medical, Inc designs, develops, manufactures, and markets medical devices for the non-invasive treatment of various post-partum conditions. The company offers Viveve System, a radio frequency generator, a reusable hand piece, and single-use treatment tip, as well as other consumable accessories.

Further Reading: How to calculate the intrinsic value of a stock

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Institutional Ownership by Quarter for Viveve Medical (NASDAQ:VIVE)

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