K2M Director Carlos A. Ferrer sold 576,048 shares of the stock in a transaction on July 13, according to a Dakota Financial News report.
Here are five notes:
1. The shares were sold at an average price of $22.37, for a total of $12.8 million.
2. After the transaction, the director now owns 440 shares of the company's stock, valued at approximately $9,842.
3. K2M has a 52-week low of $12.31 and a 52-week high of $26.29.
4. The stock has a 50-day moving average of $24.40 and a 200-day moving average of $22.23.
5. The company's market cap is $954.50 million.