Significant Insider Selling in Shares of Nevro (NVRO) Continues

Monday, September 18, 2017 10:15 PM ET

Significant Insider Selling in Shares of Nevro (NVRO) Continues

There was a significant sale of shares of Nevro by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Dr Wilfred E Jaeger, Director — sold 16,467 shares in the company having a market value of approximately $1,485,206. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 202,520 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 218,987 shares and have averaged 72,996 shares per transaction over this time period.

Insiders at Nevro have a higher number of buy/sell transactions than the 80-peer company average over the last 90-day period. The Medical Equipment, Supplies & Distribution peer group saw 81 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Nevro insiders was also higher. Within the peer group there were 381,560 shares purchased and 987,851 shares sold with company insiders having sold 7,485 shares on average.

The data sourced in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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