AtriCure CTO Salvatore Privitera sells $271,140 in stock
Chief Technical Officer Salvatore Privitera of AtriCure, Inc. (NASDAQ:ATRC) sold a total of 4,519 shares of the company's common stock on September 23, 2026, for a net amount of $271,140. The sale consisted of shares traded at a price of $60.0 per share. Post-sell, Privitera retains ownership of 142,745 shares of AtriCure. The stock's recent trading activity is near its 52-week peak of $61.70, having generated a 73% return over the past year.
AtriCure's market capitalization is valued at $3.09 billion, although InvestingPro analysis indicates potential overvaluation relative to its Fair Value. The stock sale adhered to a pre-established 10b5-1 trading plan, which was put in place on February 20, 2026. For a more thorough analysis of AtriCure's valuation and performance, InvestingPro provides 18 ProTips, in addition to comprehensive financial metrics, and exclusive Pro Research Reports for over 1,400 US equities.
AtriCure Inc. recently announced robust second-quarter 2026 earnings, exceeding Wall Street's projections on both profit and revenue. Adjusted earnings per share stood at $0.18, a stark contrast to the expected loss of $0.01, while revenue reached $153.6 million, surpassing the forecasted $151.84 million. Despite the impressive results, the stock saw a slight dip in after-hours trading as investors weighed in on a more cautious outlook for the rest of the year.
Notably, various analyst firms have revised their price targets for AtriCure. Needham increased its price target to $64 from $45, maintaining a Buy rating, fueled by positive trial outcomes. Piper Sandler lifted its target to $60 from $50, highlighting a new quality measure from the Society of Thoracic Surgeons as a potential catalyst.
BTIG also raised its price target to $55 from $45, underscoring the possible impact of the new quality metric on AtriCure's Open Ablation products. Stifel reaffirmed its Buy rating with a $65 target, praising the company's achievement of surpassing revenue and profitability expectations.
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