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Insider Trends: Insider 90-Day Selling Trend Prolonged at STAAR Surgical

· 02/04/2021 14:21

07:12 PM EST, 02/04/2021 (MT Newswires) -- Broadwood Partners Lp, 10% Owner, reported a sale of 60,861 shares in STAAR Surgical (STAA) on Feb 02, 2021, for $6,755,866. Broadwood Partners has control over 19,704,222 company shares of which 9,865,061 shares are controlled directly and 9,839,161 shares indirectly following the transactions delineated in the Form 4 SEC filing. These holdings have an approximate market value of $2,167 million as of the prior-day closing price.

During the most recent 90-day period, prior to the date of this filing, there have been 12 insider transactions reported to the SEC for STAAR Surgical. These transactions came from the activities of 8 separate insiders that resulted in a net disposition of 816,215 company shares. Relative to the preceding 90-day window of time, there were 8 transactions from 4 insiders that resulted in the net disposition of 129,973 shares.

This level of insider transactions is lower than the peer group average in the 93-company Medical Equipment, Supplies & Distribution peer group over the last 90-day period. Activity in the peer group averaged 97.3 transactions per company, and disposition of 9,427 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/718937/000091957421000691/xslF345X03/ownership.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.