Entellus Medical shares fall 3.1% after insider selling: 4 notes

Device company Entellus Medical saw a 3.1 percent decrease after its director sold 30,000 shares, Baseball News Source reports.

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Here’s what you need to know.

 

1. The company traded at $21.05 on Friday. It opened the day at $21.73.

 

2. Director Brian E. Farley sold 30,000 of the firm’s shares for a total of $667,800.

 

3. Mr. Farley owns 514,581 shares of the company at a value of $11.4 million.

 

4. Despite that four research analysts still gave the firm a buy rating. Zacks Investment recently downgraded Entellus from a buy rating to a hold rating.

 

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