Financial

LDR COO sells 19k shares in $512k transaction

Written by  Laura Dyrda 

LDR COO James Burrows sold 19,258 shares on the open market last Friday, according to a Mideast Times report, in a $512,070.22 transaction.

Mr. Burrows sold the shares at $26.59 per share. On Friday, the company traded up 4.24 percent, with the price hitting $27.07 per share and trading volume of 472,620 shares. Several analysts have recently weighed in on LDR, including:

•    Piper Jaffray analysts, raising their price from $38 to $40 per share and bestowing an “overweight” rating on the stock
•    RBC Capital initiating coverage on the shares in June, setting an “outperform” rating and target price of $34
•    Five research analysts rated the company as “buy”

 

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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