SPY414.92-5.67 -1.35%
DIA332.96-5.20 -1.54%
IXIC14,030.38-130.97 -0.92%

Insider Trends: Insider Prolongs 90-Day Selling Trend at OrthoPediatrics

05/12/2021 04:32

08:31 AM EDT, 05/12/2021 (MT Newswires) -- Daniel J Gerritzen, General Counsel & Secretary, reported a sale of 4,000 shares in OrthoPediatrics (KIDS) on May 10, 2021, for $252,120. Gerritzen, after the transactions described in the SEC Form 4 filing, owns 30,760 company shares, with a market value, based on the prior-day closing price, of $1.80 million.

During the most recent 90-day period, previous to the date of this filing, there have been 18 insider transactions reported to the SEC for OrthoPediatrics. These transactions came from the activities of 10 individual insiders that resulted in a net disposition of 5,862 company shares. This compares with the preceding 90-day window of time where there were 6 transactions from 4 insiders which resulted in the net disposition of 29,236 shares.

This is a lower level of transactions than the peer group average in the 20-company Medical Devices & Implants peer group over the last 90-day period. Within the peer group activity averaged 100.9 transactions per company, with company insiders acquiring on average 431,247 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1425450/000142545021000079/xslF345X03/wf-form4_162082256475703.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.