Financial

Tornier NV VP Stephan Epinette Sells 62,666 Shares (TRNX)

By Masoud Bidgoli

Tornier NV (NASDAQ:TRNX) VP Stephan Epinette sold 62,666 shares of the company’s stock on the open market in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $25.00, for a total transaction of $1,566,650.00. Following the transaction, the vice president now directly owns 35,310 shares of the company’s stock, valued at approximately $882,750. The transaction was disclosed in a filing with the SEC, which is available at this link.

Tornier NV (NASDAQ:TRNX) traded up 0.56% during mid-day trading on Wednesday, hitting $25.14. 94,762 shares of the company’s stock traded hands. Tornier NV has a 52-week low of $19.28 and a 52-week high of $28.53. The stock’s 50-day moving average is $25. and its 200-day moving average is $25.. The company’s market cap is $1.23 billion.

Tornier NV (NASDAQ:TRNX) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.02. The company had revenue of $88.09 million for the quarter, compared to the consensus estimate of $90.20 million. During the same quarter in the prior year, the company posted ($0.11) earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis. Analysts expect that Tornier NV will post $-0.42 EPS for the current fiscal year.

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