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

Wednesday, October 18, 2017 10:15 PM ET

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

One Accelerate Diagnostics insider — Jack W Schuler, 10% Owner and Director — today, acquired 59,922 shares having a market value of approximately $1,202,635, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 550,700 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 387,407 shares and have averaged 277,946 shares per transaction over this time period.

Accelerate Diagnostics insider trading represents a level of buy/sell trades that is above for 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 947,555 shares purchased and 965,541 shares sold with company insiders disposing of 193 shares on average.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in 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.

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

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