K2M Director sells 576k shares: 5 notes

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.

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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.

 

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