Wednesday, March 07, 2018 10:15 PM ET
Insider at Nevro (NVRO) Makes Significant Sale of Stock
There was a notable sale of shares of Nevro by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Dr Wilfred E Jaeger, Director — disposed of 160,542 shares in the company having a market value of approximately $12,966,669. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 39,458 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 200,000 shares and have averaged 100,000 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Nevro is higher than its 83-company peer group average. The Medical Equipment, Supplies & Distribution peer group saw 93 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Nevro insiders is lower than its peers. Within the peer group there were 4,262,957 shares purchased and 8,425,357 shares sold with company insiders selling 44,757 shares on average over this time period.
The data obtained in composing 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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