Significant Insider purchase of Fluidigm (FLDM) Shares Extends the Buying Trend of Last Quarter

Monday, March 05, 2018 10:15 PM ET

Significant Insider purchase of Fluidigm (FLDM) Shares Extends the Buying Trend of Last Quarter

There was noteworthy buying activity in Fluidigm shares by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Levin Capital Strategies Lp, 10% Owner — acquired 250,355 shares in the company having a market value of approximately $1,563,901. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 438,025 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 688,380 shares and have averaged 344,190 shares per transaction over this time period.

Insider buy/sell trading at Fluidigm is lower than the 18 peer company average over the last 90-day period. The Medical Software & Technology Services peer group saw 54 buy/sell trades during this period for an average of 3.0 transactions per company. However, the number of shares per buy/sell trade for Fluidigm is higher. Within the peer group there were 448,825 shares purchased and 6,699,617 shares sold with company insiders selling 115,755 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 evaluating and writing 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.

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