Significant Insider Selling Continues at Cantel Medical (CMD)

Thursday, January 11, 2018 10:15 PM ET

Significant Insider Selling Continues at Cantel Medical (CMD)

One Cantel Medical insider Charles M Diker, 10% Owner, Director and Officer, today, sold 9,978 shares having a market value of approximately $1,069,345, as indicated in a form 4 document filed with the SEC. There have been 4 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 27,568 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 37,546 shares and have averaged 7,509 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Cantel Medical is above the 8-company peer group average. Medical Equipment Wholesale peer group saw 1 buy/sell trades during this period for an average of 0.1 transactions per company. The number of shares per buy/sell trade for Cantel Medical insiders was also higher. Within the peer group there were 2,834 shares purchased and 0 shares sold with company insiders acquiring 2,834 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 sourced to evaluate 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 Copyright 2018 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.