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Insider Trends: Quidel Insider Receives Shares Award Sells Portion for Taxes, Interrupting 90-Day Buy Trend

· 02/05/2021 13:58

06:51 PM EST, 02/05/2021 (MT Newswires) -- On Feb 04, 2021, Dr Werner Kroll, SVP, R&D, awarded 4,268 shares in Quidel (QDEL) and sold 2,192 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 2,076 company shares. Dr Kroll, subsequent to the transactions disclosed in the SEC Form 4 filing, owns 8,225 shares of the company, with a market value, based on the prior-day closing price, of $1.88 million.

In the 90 days previous to the date of this filing, there have been 21 insider transactions reported to the SEC for Quidel. These transactions came from the activities of 9 individual insiders that resulted in a net disposition of 330 company shares. Relative to the preceding 90-day window of time, there were 12 transactions from 6 insiders and resulted in the net acquisition of 30,145 shares.

This represents a lower level of transactions than the peer group average in the 100-company Advanced Medical Equipment & Technology peer group over the last 90-day period. Within the peer group activity averaged 103.7 transactions per company, and disposition of 3,466 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/353569/000120919121008297/xslF345X03/doc4.xml

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