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Insider Trends: Insider at OraSure Technologies Awarded Stock Portion of Which is Sold for Taxes, Slowing 90-Day Buy Trend

05/10/2021 12:47

04:40 PM EDT, 05/10/2021 (MT Newswires) -- Roberto Cuca, CFO, awarded 10,740 shares in OraSure Technologies (OSUR) and sold 4,763 shares concurrently to meet tax obligations on May 07, 2021. After accounting for tax obligations this transaction resulted in a net acquisition of 5,977 company shares. Subsequent to the Form 4 filing with the SEC, Cuca has 114,815 company shares, which have a market value of $1.13 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there has been one additional insider transaction which has resulted in the acquisition of 1,401 of company shares. This compares with the preceding 90-day window of time where there were 13 transactions from 7 insiders that resulted in the net acquisition of 129,216 shares.

This is lower than the average level of insider transactions in the 93-company Medical Equipment, Supplies & Distribution peer group over the last 90-day period. Peer group activity averaged 105.1 transactions per company, and disposition of 9,324 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1116463/000159396821001256/xslF345X03/primary_01.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.