Preview of REVVITY earnings: Recent insider trading of $RVTY, hedge fund activity, and additional information

REVVITY, a company trading under the ticker symbol $RVTY, is set to announce its quarterly earnings data on Monday, July 28th, ahead of the market opening, as reported by Finnhub. Analysts predict revenue of $724,630,756 and earnings per share of $1.16. To stay updated on insider trading, hedge fund moves, and congressional trading related to $RVTY, individuals can visit Quiver Quantitative’s dedicated $RVTY stock page.

In the past 6 months, there have been 6 instances of insiders trading $RVTY stock on the open market, with all 6 trades being sales and zero purchases. Noteworthy activities include JOEL S GOLDBERG’s 4 sales transactions totaling 15,170 shares, amounting to an estimated $1,922,512, and MICHELLE MCMURRY-HEATH’s 2 sales transactions of 2,570 shares, totaling approximately $290,694. For a detailed overview of insider transactions, interested parties can refer to Quiver Quantitative’s insider trading dashboard.

Among hedge funds, 240 institutional investors have added shares of REVVITY stock to their portfolios, while 238 have reduced their positions in the most recent quarter. Major moves in the market include JONES FINANCIAL COMPANIES LLLP’s addition of 2,453,994 shares, representing an increase of 56910.8%, with an estimated value of $259,632,565. Conversely, SELECT EQUITY GROUP, L.P. eliminated 2,384,467 shares entirely from their holdings, valued at $252,276,608. To further delve into hedge fund activities, individuals can explore Quiver Quantitative’s institutional holdings dashboard.

Government contracts awarded to REVVITY over the past year amount to $11,821,404. Notable awards include the MARTY initiative receiving $9,263,365, the maintenance and service agreement for PE equipment at $350,171, and the procurement of a REVVITY INC MICROBETA2 PLATE READER WITH 6-DETECTORS AND ACCESSORIES costing $133,115. For comprehensive details on government contracts to publicly traded firms, individuals can reference Quiver Quantitative’s government contracts dashboard.

Members of Congress have engaged in 5 trades involving $RVTY stock within the last 6 months, with 3 purchases and 2 sales. Noteworthy transactions include REPRESENTATIVE GILBERT RAY CISNEROS, JR.’s 2 purchases totaling $30,000 and REPRESENTATIVE ROBERT BRESNAHAN’s purchase of $15,000 on 02/25 and sale of $15,000 on 04/08. To keep track of congressional stock trading activities, individuals can refer to Quiver Quantitative’s congressional trading dashboard.

Wall Street analysts have issued buy ratings for REVVITY, with 7 firms advocating buy recommendations and none suggesting sells. Recent ratings from B of A Securities, UBS, Raymond James, Baird, Goldman Sachs, Barclays, and Keybanc have all been positive. Price targets set by analysts for $RVTY vary, with a median target of $115.0 among 10 analysts who have offered their insights. For detailed analyst ratings and price targets for REVVITY, individuals can access Quiver Quantitative’s $RVTY forecast page.

It is important to note that the content of this article is not intended as financial advice, and individuals should review Quiver Quantitative’s disclaimers for additional information. Errors may occur due to inaccuracies in ticker-mapping and other anomalies inherent to data analysis.