Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of Accelerate Diagnostics (AXDX)

Tuesday, October 17, 2017 10:15 PM ET

Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of Accelerate Diagnostics (AXDX)

There was a significant insider purchase in Accelerate Diagnostics shares today as revealed in a filing with the SEC. One insider — Jack W Schuler, 10% Owner and Director — bought 61,300 shares in the company having a net market value of approximately $1,182,228. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 489,400 company shares and the disposition of 223,215 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 327,485 shares and have averaged 257,972 shares per transaction over this time period.

Insiders at Accelerate Diagnostics have a higher number of buy/sell trades than the 88-peer company average over the last 90-day period. The Advanced Medical Equipment & Technology peer group saw 93 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Accelerate Diagnostics insiders was also higher. Within the peer group there were 886,255 shares purchased and 970,245 shares sold with company insiders having sold 903 shares on average.

In order to focus on significant insider buying and selling activity, 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 has been eliminated data used to create and write this story.

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.

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