Here are five quick facts about the transaction:
1. Mr. Burrows sold 1,268 shares of LDR stock.
2. The average stock was sold at $39.
3. The total transaction was valued at $49,257.
4. Mr. Burrows now owns $12,907 shares directly.
5. His shares are currently valued at around $503,272.
LDR traded up on Friday 1.24 percent and hit $39.27. The company’s market cap is $1.04 billion with a 50-day moving average of $36. Northland Securities recently initiated coverage on the company, setting a price target at $38 and “market perform” rating.
More articles on orthopedic devices:
6 highlights from Bone Therapeutics in Q1
First 2 spinal cord injury patients progress after InVivo’s Neuro-Spinal Scaffold
Smith & Nephew acquires software for supply chain optimization
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
