Cutera Inc (NASDAQ:CUTR) marked $3.50 per share on Tuesday, up from a previous closing price of $3.03. While Cutera Inc has overperformed by 15.51%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CUTR fell by -92.23%, with highs and lows ranging from $45.46 to $1.38, whereas the simple moving average fell by -72.80% in the last 200 days.

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On July 27, 2023, Piper Sandler Upgraded Cutera Inc (NASDAQ: CUTR) to Neutral.

Analysis of Cutera Inc (CUTR)

Further, the quarter-over-quarter decrease in sales is -25.96%, showing a negative trend in the upcoming months.

In order to gain a clear picture of Cutera Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -4447.26% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.81, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

An average volume of 1.18M can be a very valuable indicator of volatility for CUTR stock. On a monthly basis, the volatility of the stock is set at 17.85%, whereas on a weekly basis, it is put at 14.12%, with a gain of 37.25% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.67, showing growth from the present price of $3.50, which can serve as yet another indication of whether CUTR is worth investing in or should be passed over.

How Do You Analyze Cutera Inc Shares?

In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 8.65%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 112.20% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in CUTR shares?

The recent increase in stakes in CUTR appears to be a result of several institutional investors and hedge funds increasing their positions. Millennium Management LLC made another decreased to its shares in CUTR during the first quarter, downing its stake by -13.52%. During the last quarter, the company picked up -195,851 additional shares for a total stake of worth $2.13 million, bringing number of shares owned by the company to 1,253,059.

During the first quarter, Point72 Asset Management LP added a 279,059 position in CUTR. BlackRock Fund Advisors purchased an additional 5807.0 shares in the last quarter, increasing its holdings by 0.52%, now holding 1.12 million shares worth $1.9 million. At the end of the first quarter, Pura Vida Investments LLC decreased its CUTR holdings by -14.37% and now holds 1.07 million CUTR shares valued at $1.82 million with the lessened -0.18 million shares during the period. CUTR shares are owned by institutional investors to the tune of 112.20% at present.

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