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 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
