Orthofix CEO Brad Mason sells 15k shares — 5 points

The shares were sold at $40.63 per share on Nov. 6, hitting a value of $609,779.12, according Insider Trading Report.

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Here are five points:

 

1. Based on a Securities and Exchange Commission Form 4 filing, Orhtofix director Matricaria Ronald purchased 50,000 shares in June. Valued at $32.63 per share, the total value hit $1,631,500.

 

2. Company insiders own 3.8 percent of Orthofix shares, and institutional investors own 94.18 percent of the company’s shares.

 

3. The company decreased 9.25 percent in the last three months.

 

4. Orthofix shares rallied 21.4 percent from its one year high price.

 

5. The shares hit the one year high at $42.10 on Aug. 5.

 

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