<div id="readability-page-1"><p>WINTON GROUP Ltd bought a new position in shares of  iRhythm Technologies (NASDAQ:IRTC - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 12,877 shares of the company's stock, valued at approximately $1,983,000.</p><div><p><span></span><span>Get <strong>iRhythm Technologies</strong> alerts:</span></p></div><ul><li>Top 3 Robotics and Automation Stocks for the Next AI Boom</li></ul><p>Several other hedge funds and other institutional investors have also recently made changes to their positions in IRTC. Natixis raised its holdings in shares of  iRhythm Technologies by 291.7% during the 2nd quarter. Natixis now owns 23,500 shares of the company's stock worth $3,618,000 after acquiring an additional 17,500 shares during the period.  Federated Hermes Inc. purchased a new position in  iRhythm Technologies during the second quarter worth about $7,455,000.  Jump Financial LLC acquired a new position in  iRhythm Technologies in the 2nd quarter valued at about $9,668,000.  Walleye Capital LLC purchased a new stake in shares of  iRhythm Technologies in the 2nd quarter valued at approximately $11,366,000.  Finally, First Trust Advisors LP raised its position in shares of  iRhythm Technologies by 66.0% during the 2nd quarter. First Trust Advisors LP now owns 56,197 shares of the company's stock valued at $8,652,000 after buying an additional 22,337 shares during the period. </p><h2>Insider Buying and Selling at iRhythm Technologies</h2><p>In other news, insider Patrick Michael Murphy sold 2,478 shares of the company's stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $184.83, for a total transaction of $458,008.74. Following the completion of the transaction, the insider directly owned 53,281 shares of the company's stock, valued at approximately $9,847,927.23. This represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, CEO Quentin S. Blackford sold 14,059 shares of the company's stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $182.94, for a total transaction of $2,571,953.46. Following the completion of the sale, the chief executive officer directly owned 164,979 shares of the company's stock, valued at approximately $30,181,258.26. This represents a 7.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,817 shares of company stock worth $4,741,235 in the last ninety days. Insiders own  0.68% of the company's stock. </p><h2>iRhythm Technologies Stock Performance</h2><ul><li>4 Stocks With Huge Cash Holdings at Silicon Valley Bank</li></ul><p>Shares of NASDAQ IRTC opened at $173.63 on Wednesday. iRhythm Technologies has a 12 month low of $82.12 and a 12 month high of $212.00. The company has a market cap of $5.59 billion, a PE ratio of -107.84 and a beta of 1.10. The company has a 50-day simple moving average of $178.51 and a 200-day simple moving average of $163.54. The company has a debt-to-equity ratio of 5.32, a current ratio of 4.63 and a quick ratio of 4.50. </p><p>iRhythm Technologies (NASDAQ:IRTC - Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.36) by $0.30. The firm had revenue of $192.88 million during the quarter, compared to the consensus estimate of $184.75 million. iRhythm Technologies had a negative return on equity of 41.86% and a negative net margin of 7.32%.The firm's quarterly revenue was up 30.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($1.26) earnings per share.  On average, equities analysts anticipate that  iRhythm Technologies will post -1.98 earnings per share for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of analysts recently issued reports on IRTC shares. Truist Financial raised their price objective on iRhythm Technologies from $175.00 to $205.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, October 15th. BTIG Research boosted their target price on iRhythm Technologies from $195.00 to $215.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, October 31st. Canaccord Genuity Group raised their price target on iRhythm Technologies from $193.00 to $212.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday, October 31st. Needham &amp; Company LLC raised their target price on iRhythm Technologies from $193.00 to $244.00 and gave the company a &#34;buy&#34; rating in a report on Friday, October 31st. Finally, Bank of America began coverage on shares of iRhythm Technologies in a research note on Wednesday, August 20th. They set a &#34;buy&#34; rating and a $200.00 price target on the stock. One research analyst  has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one  has issued  a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $205.71.</p><p><b>View Our Latest Research Report on IRTC</b></p><h2>iRhythm Technologies Company Profile</h2> (Free Report)<p>iRhythm Technologies, Inc, a digital healthcare company, engages in the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. It offers Zio services, an ambulatory monitoring solution, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services.</p><h2>See Also</h2><ul><li>Five stocks we like better than iRhythm Technologies</li><li>How is Compound Interest Calculated?</li><li>Ollie’s Bargain Outlet Hits Rock-Bottom in Q4: Buy the Dip?</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>Insiders Are Selling These 3 Stocks—Here’s Why</li><li>How to Invest in the FAANG Stocks</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVJUQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVJUQw"/></p><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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in iRhythm Technologies Right Now?</h2><p>Before you consider iRhythm Technologies, 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 iRhythm Technologies wasn't on the list.</p><p>While iRhythm Technologies 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>

IRTC

<p>WINTON GROUP Ltd acquired 12,877 shares of iRhythm Technologies, valued at $1,983,000, during the 2nd quarter. Other investors, including Natixis and Federated Hermes Inc., also increased their positions in iRhythm. Insider sales were reported, with CEO Quentin S. Blackford selling 14,059 shares. iRhythm's stock opened at $173.63, with a market cap of $5.59 billion. Analysts have issued buy ratings, raising price targets for the stock.</p>

WINTON GROUP Ltd Acquires Shares of 12,877 iRhythm Technologies $IRTC