Friday, January 26, 2018 10:15 PM ET
Insider Sale at Tactile Systems Technology (TCMD) Continues Selling Trend
One insider — Jordan Davis, Director — today, disposed of 75,000 shares of Tactile Systems Technology having a market value of approximately $2,400,000, as revealed in a form 4 document filed with the SEC. There have been 8 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 1,000 company shares and the disposition of 129,535 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 203,535 shares and have averaged 22,837 shares per transaction over this time period.
Insider buy/sell trading at Tactile Systems Technology is higher than the 8 peer company average over the last 90-day period. The Medical Equipment peer group saw 46 buy/sell trades during this period for an average of 5.8 transactions per company. The number of shares per buy/sell trade for Tactile Systems Technology insiders was also higher. Within the peer group there were 223,789 shares purchased and 583,732 shares sold with company insiders selling 7,825 shares on average.
The data obtained in creating and writing in this story eliminates 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.
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