Monday, February 26, 2018 10:15 PM ET
Significant Insider Buying of Xtant Medical Holdings (XTNT) Shares Extends the Trend of Last 90 Days
There were substantial insider purchases of Xtant Medical Holdings shares today, as reflected in filings with the SEC as two insiders — Matthew Rizzo, 10% Owner and Director, and Michael Eggenberg, 10% Owner and Director — bought 17,955,498 shares in the company having a net market value of approximately $129,279,586. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 8,977,749 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 26,933,247 shares and have averaged 8,977,749 shares per transaction over this time period.
The number of insider buy/sell trades at Xtant Medical Holdings is higher than the 93 peer company average over the last 90-day period. The Advanced Medical Equipment & Technology peer group saw 121 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Xtant Medical Holdings insiders was also higher. Within the peer group there were 13,930,295 shares purchased and 840,914 shares sold with company insiders having bought 176,884 shares on average.
The data used 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.
Today’s Insider Activity
* Matthew Rizzo, 10% Owner and Director, bought 8,977,749 shares
* Michael Eggenberg, 10% Owner and Director, bought 8,977,749 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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