<div id="readability-page-1"><p>Shares of Glaukos Co. (NYSE:GKOS - Get Free Report) traded down 6.6% during trading on Wednesday after Piper Sandler lowered their price target on the stock from $180.00 to $165.00. Piper Sandler currently has an overweight rating on the stock. Glaukos traded as low as $88.00 and last traded at $88.25. 273,197 shares were traded  during mid-day trading, a decline of 69% from the average session volume of 882,460 shares. The stock had previously closed at $94.52.</p><p>A number of other analysts also recently issued reports on GKOS. Wells Fargo &amp; Company raised their price target on shares of Glaukos from $153.00 to $160.00 and gave the stock an &#34;overweight&#34; rating in a report on Friday, February 21st. Needham &amp; Company LLC upped their target price on shares of Glaukos from $149.00 to $176.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, February 21st. Mizuho upgraded shares of Glaukos from a &#34;neutral&#34; rating to an &#34;outperform&#34; rating and upped their price objective for the stock from $140.00 to $200.00 in a report on Wednesday, February 19th. Stifel Nicolaus boosted their target price on Glaukos from $153.00 to $175.00 and gave the company a &#34;buy&#34; rating in a research report on Tuesday, December 31st. Finally, Truist Financial lowered their price target on Glaukos from $185.00 to $140.00 and set a &#34;buy&#34; rating for the company in a research report on Friday, April 11th. One investment analyst  has rated the stock with a sell rating, one  has given a hold rating, eleven have issued  a buy rating and one  has issued  a strong buy rating to the company. Based on data from MarketBeat, the stock  has an average rating of &#34;Moderate Buy&#34; and an average target price of $158.25.</p><p><b>Get Our Latest Stock Analysis on GKOS</b></p><h2>Insider Activity</h2><p>In other Glaukos news, insider Tomas Navratil sold 3,416 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $147.14, for a total value of $502,630.24. Following the transaction, the insider now directly owns 72,437 shares in the company, valued at $10,658,380.18. This represents a 4.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Alex R. Thurman sold 1,520 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $106.84, for a total transaction of $162,396.80. Following the sale, the chief financial officer now owns 53,431 shares of the company's stock, valued at $5,708,568.04. This represents a 2.77 % decrease in their position. The disclosure for this sale can be found here. Company insiders own  6.40% of the company's stock. </p><h2>Institutional Trading of Glaukos</h2><p>Several institutional investors and hedge funds have recently made changes to their positions in GKOS. Harbor Capital Advisors Inc. purchased a new position in shares of  Glaukos during the fourth quarter worth approximately $3,679,000.  Sanctuary Advisors LLC acquired a new position in  Glaukos in the third quarter valued at $258,000.  Rhumbline Advisers raised its holdings in shares of  Glaukos by 0.3% in the fourth quarter. Rhumbline Advisers now owns 141,790 shares of the medical instruments supplier's stock valued at $21,260,000 after buying an additional 403 shares during the last quarter.  IFP Advisors Inc acquired a new stake in shares of  Glaukos during the fourth quarter worth about $43,000.  Finally, US Bancorp DE grew its holdings in shares of  Glaukos by 8.3% during the fourth quarter. US Bancorp DE now owns 6,099 shares of the medical instruments supplier's stock worth $914,000 after buying an additional 470 shares during the last quarter. 99.04% of the stock is owned by hedge funds and other institutional investors. </p><h2>Glaukos Price Performance</h2><p>The company has a 50-day moving average of $111.68 and a 200-day moving average of $132.18. The company has a debt-to-equity ratio of 0.19, a quick ratio of 4.71 and a current ratio of 5.54. The stock has a market cap of $4.99 billion, a price-to-earnings ratio of -30.83 and a beta of 0.88. </p><p>Glaukos (NYSE:GKOS - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The medical instruments supplier reported ($0.40) earnings per share for the quarter, missing analysts' consensus estimates of ($0.38) by ($0.02). Glaukos had a negative return on equity of 16.53% and a negative net margin of 39.04%. The company had revenue of $105.50 million for the quarter, compared to analyst estimates of $100.72 million.  As a group, equities research analysts predict that  Glaukos Co. will post -1.08 earnings per share for the current year. </p><h2>About Glaukos</h2> (Get Free Report)<p>Glaukos Corporation, an ophthalmic pharmaceutical and medical technology company, focuses on the development of novel therapies for the treatment of glaucoma, corneal disorders, and retinal diseases. It offers iStent and iStent inject W micro-bypass stents that enhance aqueous humor outflow inserted in cataract surgery to treat mild-to-moderate open-angle glaucoma.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Glaukos</li><li>3 Fintech Stocks With Good 2021 Prospects</li><li>Viking Therapeutics Stock Pops But Struggles to Hold Gains</li><li>Top Stocks Investing in 5G Technology</li><li>Qualcomm Stock Just Earned a Fresh Buy Rating—Get Excited</li><li>Trading Halts Explained</li><li>Meta Stock Holds Upside Potential as Analysts Cut Price Targets</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Glaukos Right Now?</h2><p>Before you consider Glaukos, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Glaukos wasn't on the list.</p><p>While Glaukos currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GKOS

<p>Glaukos (NYSE:GKOS) shares fell 6.6% after Piper Sandler downgraded its price target from $180 to $165, maintaining an overweight rating. The stock traded as low as $88.00, with a significant drop in trading volume. Other analysts have varied opinions, with price targets ranging from $140 to $200. Insider trading activity included sales by CFO Alex R. Thurman and insider Tomas Navratil. Glaukos reported a quarterly loss of $0.40 per share, missing estimates, with revenue of $105.50 million. The stock has an average rating of "Moderate Buy" and a target price of $158.25.</p>

Glaukos (NYSE:GKOS) Shares Down 6.6% After Analyst Downgrade