K2M's CFO Gregory S. Cole sold several shares of company stock last wee, according to an Insider Trading Report.
Here are five things to know:
1. Mr. Cole sold 38,989 shares on June 25, 2015. The transaction was closed four days later on June 29.
2. The shares sold at $24.20 per share for a total transaction value of $944,494.
3. At the end of the day yesterday, K2M shares closed in the red, down 0.15 points — 0.63 percent.
4. K2M has a $939 million market cap and around 39 million shares outstanding. There has been a change in total insider ownership over the past six months; it's down 96.74 percent.
5. K2M disclosed insider buying and selling information by the SEC in a Form 4 filing earlier in June, showing John Kostuik, MD, sold 24,337 shares within the company worth $604,531.