SPY423.30+0.19 0.04%
DIA339.26-0.19 -0.06%
IXIC14,278.92+25.65 0.18%

Insider Trends: Insider Prolongs 90-Day Selling Trend at LeMaitre Vascular

05/10/2021 14:44

06:39 PM EDT, 05/10/2021 (MT Newswires) -- George W LeMaitre, 10% Owner, Director and Chairman & CEO, reported a sale of 93,906 shares in LeMaitre Vascular (LMAT) on May 06, 2021, for $4,793,051. LeMaitre, subsequent to the transactions disclosed in the SEC Form 4 filing, owns 2,542,463 shares of company stock, with a market value, based on the prior-day closing price, of $129 million.

In the 90 days prior to the date of this filing, there have been 11 insider transactions reported to the SEC for LeMaitre Vascular. These transactions came from the activities of 4 separate insiders that resulted in a net disposition of 293,730 company shares. This compares with the preceding 90-day window of time where there were 22 transactions from 6 insiders which resulted in the net acquisition of 13,048 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 111.5 transactions per company, and disposition of 3,219 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1158895/000143774921011568/xslF345X03/rdgdoc.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.