NuVasive COO Patrick Miles sold shares of the company's stock yesterday, according to a Mideast Times report.
Here are six quick facts on the transaction:
• 15,000 shares were sold
• Average share price was $45.53
• Total transaction value was $682,950
• Mr. Miles now directly owns 84,651 shares
• His shares are valued at around $3.8 million
The company traded down on Tuesday 0.87 percent, according to the report. NuVasive's 52-week low is $31.35. Many new reports, including one from a Canaccord Genuity, place NuVasive stock at a "buy" rating.