LDR COO James Burrows sold several shares of the company last Friday, according to a Mideast Times report.
Here are five quick facts about the transaction:
1. Mr. Burrows sold 1,268 shares of LDR stock.
2. The average stock was sold at $39.
3. The total transaction was valued at $49,257.
4. Mr. Burrows now owns $12,907 shares directly.
5. His shares are currently valued at around $503,272.
LDR traded up on Friday 1.24 percent and hit $39.27. The company’s market cap is $1.04 billion with a 50-day moving average of $36. Northland Securities recently initiated coverage on the company, setting a price target at $38 and “market perform” rating.