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Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at NuVasive

05/11/2021 14:06

05:58 PM EDT, 05/11/2021 (MT Newswires) -- Lucas Vitale, Chief Human Resources Officer, sold 2,208 shares in NuVasive (NUVA) on May 07, 2021, for $150,652. Following the Form 4 filing with the SEC, Vitale owns 3,342 shares of the company, which have a market value of $229,529 as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 11 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 21,887 company shares. This compares with the preceding 90-day window of time where there are no insider transactions for the company.

This level of insider transactions is below that of the peer group average in the 93-company Medical Equipment, Supplies & Distribution peer group over the last 90-day period. Peer group activity averaged 105.3 transactions per company, and disposition of 9,325 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1142596/000120919121031815/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.