MarketBeat Earnings
LivaNova PLC $LIVN Stake Lessened by Bank of America Corp DE
Bank of America Corp DE reduced its stake in LivaNova PLC (NASDAQ:LIVN) by 30.6% in the first quarter, selling 235,233 shares but still retaining 533,017 shares valued at $33.9 million. Institutional investors now own 97.64% of the company's stock. LivaNova recently surpassed earnings expectations, reporting $1.26 per share on revenues of $390.6 million, an increase of 10.8% year-over-year.