Will Cutera, Inc. (CUTR) Short Squeeze Soon?

May 9, 2018 - By Maria Brooks

Cutera, Inc. (NASDAQ:CUTR) Logo

Investors sentiment increased to 1.51 in Q4 2017. Its up 0.38, from 1.13 in 2017Q3. It improved, as 15 investors sold Cutera, Inc. shares while 46 reduced holdings. 48 funds opened positions while 44 raised stakes. 12.51 million shares or 9.74% more from 11.40 million shares in 2017Q3 were reported.
Alliancebernstein Limited Partnership has 32,800 shares. American stated it has 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR). Moreover, Bridgeway Cap Management has 0.02% invested in Cutera, Inc. (NASDAQ:CUTR) for 46,365 shares. Raymond James Finance Services Advisors invested in 0% or 14,210 shares. Scout Investments owns 60,077 shares or 0.07% of their US portfolio. 16,935 were accumulated by Prelude Mngmt Lc. Spark Invest Mgmt Ltd Liability invested in 100,483 shares. Citigroup holds 0% or 19,981 shares. Prudential Financial Inc holds 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR) for 25,220 shares. Hancock invested in 5,760 shares. Teachers Retirement System Of The State Of Kentucky reported 1,900 shares stake. Sawgrass Asset Management Limited Company invested 0.02% in Cutera, Inc. (NASDAQ:CUTR). Pub Sector Pension Invest Board stated it has 0% in Cutera, Inc. (NASDAQ:CUTR). Bank & Trust Of Montreal Can owns 0% invested in Cutera, Inc. (NASDAQ:CUTR) for 9,789 shares. Federated Invsts Inc Pa reported 69,126 shares.

Since December 12, 2017, it had 0 buys, and 4 sales for $1.10 million activity. 5,843 shares were sold by Laber Larry, worth $264,980. $47,400 worth of Cutera, Inc. (NASDAQ:CUTR) shares were sold by APFELBERG DAVID B. Pardos Miguel sold $467,000 worth of stock.

The stock of Cutera, Inc. (NASDAQ:CUTR) is a huge mover today! The stock decreased 30.13% or $16.825 during the last trading session, reaching $39.025. About 1.60M shares traded or 833.47% up from the average. Cutera, Inc. (NASDAQ:CUTR) has risen 147.90% since May 10, 2017 and is uptrending. It has outperformed by 136.35% the S&P500.
The move comes after 7 months negative chart setup for the $532.08 million company. It was reported on May, 10 by Barchart.com. We have $37.85 PT which if reached, will make NASDAQ:CUTR worth $15.96M less.

Cutera, Inc. (NASDAQ:CUTR) Ratings Coverage

Among 2 analysts covering Cutera (NASDAQ:CUTR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Cutera had 2 analyst reports since March 13, 2018 according to SRatingsIntel.

More notable recent Cutera, Inc. (NASDAQ:CUTR) news were published by: Globenewswire.com which released: “Cutera Celebrates 20 Years of Best-In-Class Product Innovation” on April 12, 2018, also Streetinsider.com with their article: “Pre-Open Stock Movers 05/09: (TRIP) (ZAGG) (AAXN) Higher; (EXTR) (CSTE) (AAOI) Lower (more…)” published on May 09, 2018, Nasdaq.com published: “Mid-Day Market Update: Crude Oil Up Over 3%; Extreme Networks Shares Plummet” on May 09, 2018. More interesting news about Cutera, Inc. (NASDAQ:CUTR) were released by: Benzinga.com and their article: “Mid-Afternoon Market Update: Dow Up Over 200 Points; Caesarstone Shares Slide” published on May 09, 2018 as well as Seekingalpha.com‘s news article titled: “Cutera’s (CUTR) CEO James Reinstein on Q1 2018 Results – Earnings Call Transcript” with publication date: May 09, 2018.

Cutera, Inc., a medical device company, designs, develops, makes, markets, and services laser and other energy based aesthetics systems worldwide. The company has market cap of $532.08 million. The firm offers enlighten platform, a laser system that is used for tattoo removal, as well as for the treatment of benign pigmented lesions; excel HR platform, a hair removal solution for various skin types; and truSculpt, a high-powered radio frequency platform designed for deep tissue heating. It has a 19.13 P/E ratio. It also provides excel V, a vascular and benign pigmented lesion treatment platform; and xeo platform, a multi-application platform on which a customer purchases hand piece applications for the removal of unwanted hair, treatment of vascular lesions, and skin rejuvenation by treating discoloration, fine lines, and laxity.

Cutera, Inc. (NASDAQ:CUTR) Institutional Positions Chart

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