Cutera, Inc. (CUTR)’s Trend Down, Especially After Today’s Weak Session

Cutera, Inc. (NASDAQ:CUTR) Logo

Investors sentiment decreased to 1.07 in Q2 2019. Its down 0.24, from 1.31 in 2019Q1. It fall, as 12 investors sold Cutera, Inc. shares while 34 reduced holdings. 15 funds opened positions while 34 raised stakes. 16.37 million shares or 34.14% more from 12.20 million shares in 2019Q1 were reported.
Raymond James Associate owns 0% invested in Cutera, Inc. (NASDAQ:CUTR) for 50,959 shares. 72,423 are held by Nuveen Asset Ltd Limited Liability Company. 14,339 are held by Walleye Trading Limited. 448 were reported by Ls Advisors Limited Liability. California State Teachers Retirement holds 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR) for 21,279 shares. Natl Bank Of America De holds 6,257 shares or 0% of its portfolio. Stephens Ar holds 0.01% or 15,369 shares. Walthausen Comm Limited Co holds 0.2% or 71,060 shares in its portfolio. Prudential Fincl holds 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR) for 23,631 shares. Alliancebernstein Lp reported 29,300 shares. Caprock Group invested in 0.12% or 30,000 shares. Tci Wealth Advisors invested 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR). Barclays Public Ltd Limited Liability Company invested 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR). Moreover, Grp Inc has 0% invested in Cutera, Inc. (NASDAQ:CUTR). Aqr Capital Mngmt Limited holds 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR) for 69,073 shares.

Since May 31, 2019, it had 2 insider purchases, and 0 insider sales for $474,431 activity.

The stock of Cutera, Inc. (NASDAQ:CUTR) is a huge mover today! The stock decreased 4.10% or $1.22 during the last trading session, reaching $28.51. About 84,505 shares traded. Cutera, Inc. (NASDAQ:CUTR) has declined 33.87% since September 13, 2018 and is downtrending. It has underperformed by 33.87% the S&P500.
The move comes after 9 months negative chart setup for the $401.50M company. It was reported on Sep, 13 by Barchart.com. We have $26.51 PT which if reached, will make NASDAQ:CUTR worth $28.11M less.

Analysts await Cutera, Inc. (NASDAQ:CUTR) to report earnings on November, 5. They expect $-0.08 EPS, down 33.33 % or $0.02 from last year’s $-0.06 per share. After $0.04 actual EPS reported by Cutera, Inc. for the previous quarter, Wall Street now forecasts -300.00 % negative EPS growth.

More notable recent Cutera, Inc. (NASDAQ:CUTR) news were published by: Seekingalpha.com which released: “Cutera appoints new CEO – Seeking Alpha” on July 09, 2019, also Seekingalpha.com with their article: “Cutera’s Story Is Broken – And Maybe For Good – Seeking Alpha” published on December 24, 2018, Nasdaq.com published: “New Strong Buy Stocks for August 30th – Nasdaq” on August 30, 2019. More interesting news about Cutera, Inc. (NASDAQ:CUTR) were released by: Businesswire.com and their article: “Cutera, Inc. to Announce Second Quarter 2019 Results – Business Wire” published on July 22, 2019 as well as Globenewswire.com‘s news article titled: “Cutera, Inc. to Announce Third Quarter 2018 Results – GlobeNewswire” with publication date: October 23, 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 $401.50 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 currently has negative earnings. 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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