AxoGen (AXGN) Insiders Make Significant Share Sales

Tuesday, November 21, 2017 10:15 PM ET

AxoGen (AXGN) Insiders Make Significant Share Sales

Two insiders — Guido J Neels, Director, and Woodlands Fund Ix, L.P. Essex, 10% Owner — today, sold 2,300,000 shares of AxoGen having a market value of approximately $45,402,000, as revealed in form 4 documents filed with the SEC. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 1,150,000 shares per transaction.

Over the last 90 days, the number of insider buy/sell trades at AxoGen is above the 91-company peer group average. Advanced Medical Equipment & Technology peer group saw 101 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for AxoGen insiders was also higher. Within the peer group there were 1,450,714 shares purchased and 1,067,962 shares sold with company insiders acquiring 8,506 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
* Guido J Neels, Director, sold 1,150,000 shares
* Woodlands Fund Ix, L.P. Essex, 10% Owner, sold 1,150,000 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.

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