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Insider Trends: NuVasive Insider Disposition Interrupting 90-Day Buy Trend

05/11/2021 14:04

05:57 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, Massimo Calafiore, EVP, Global Business Units, executed a sale of 3,399 shares in NuVasive (NUVA) for $231,914. Calafiore, subsequent to the transactions detailed in the SEC Form 4 filing, owns 667 shares of company stock, with a market value, based on the prior-day closing price, of $45,810.

During the most recent 90-day period, previous to the date of this filing, there have been 10 insider transactions reported to the SEC for NuVasive. These transactions came from the activities of 4 different insiders that resulted in a net acquisition of 25,286 company shares. In the preceding 90-day window of time, there are no insider transactions for the company.

This is below the average for insider transactions in the 93-company Medical Equipment, Supplies & Distribution peer group over the last 90-day period. Activity in the peer group averaged 105.3 transactions per company, and disposition of 9,324 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1142596/000120919121031813/xslF345X03/doc4.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.