Tuesday, February 13, 2018 10:15 PM ET
Insider Sales at Edwards Lifesciences (EW) Deemed Significant
In SEC filings today Edwards Lifesciences revealed two insiders — Donald E Bobo Jr, Officer, and Dr William J Link, Director — sold 15,750 shares in the company having a market value of approximately $1,945,168. 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 7,875 shares per transaction.
The number of insider buy/sell trades at Edwards Lifesciences is higher than that of the 93 peer company average over the last 90-day period. The Advanced Medical Equipment & Technology peer group saw 118 buy/sell trades during this period for an average of 1.3 transactions per company. However, the number of shares traded per transaction by Edwards Lifesciences insiders is lower than its peers. Within the peer group there were 13,944,604 shares purchased and 3,500,120 shares sold with company insiders acquiring 145,062 shares on average over this time period.
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
* Donald E Bobo Jr, Officer, sold 3,750 shares
* Dr William J Link, Director, sold 12,000 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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