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Insider Trends: Quidel Insider Receives Stock Award Uses Portion to Pay Taxes, Scaling Down 90-Day Buy Trend

· 02/05/2021 14:01

06:52 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Edward Keith Russell, SVP, Business Development, awarded 1,661 shares in Quidel (QDEL) and sold 575 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 1,086 company shares. After the Form 4 filing with the SEC, Russell owns 18,276 shares of company stock, which have a market value of $4.18 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 25 insider transactions reported to the SEC for Quidel. These transactions came from the activities of 10 different insiders that resulted in a net acquisition of 2,194 company shares. This compares with the preceding 90-day window of time where there were 12 transactions from 6 insiders that resulted in the net acquisition of 30,145 shares.

This level of insider transactions is below that of the peer group average in the 100-company Advanced Medical Equipment & Technology peer group over the last 90-day period. Peer group activity averaged 103.8 transactions per company, and disposition of 3,465 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/353569/000120919121008299/xslF345X03/doc4.xml

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