Insider purchases at Accelerate Diagnostics (AXDX) Extend the Trend of Significant Buying of Last 90 Days

Wednesday, November 08, 2017 10:15 PM ET

Insider purchases at Accelerate Diagnostics (AXDX) Extend the Trend of Significant Buying of Last 90 Days

Three insiders — Jack W Schuler, 10% Owner and Director, John Patience, 10% Owner and Director, and Thomas D Brown, Director — bought 390,164 shares of Accelerate Diagnostics having a market value of approximately $7,228,690 today, as shown in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the purchase of 668,872 company shares and the sale 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 835,821 shares and have averaged 256,450 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Accelerate Diagnostics is greater than the 91-company peer group average. Advanced Medical Equipment & Technology peer group saw 93 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Accelerate Diagnostics insiders was also higher. Within the peer group there were 1,085,727 shares purchased and 868,429 shares sold with company insiders having bought 4,939 shares on average.

Insider buying and selling activity that is significant has been determined by eliminating 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 in composing and writing this story.

Today’s Insider Activity
* Jack W Schuler, 10% Owner and Director, bought 340,964 shares
* John Patience, 10% Owner and Director, bought 38,700 shares
* Thomas D Brown, Director, bought 10,500 shares

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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