Ldr Holding Corp (LDRH) Files Form 4 Insider Selling : Patrick Richard Sells 25,000 Shares

Ldr Holding Corp (LDRH): Patrick Richard , EVP, European Sales, Medical of Ldr Holding Corp sold 25,000 shares on Apr 11, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $26.50 per share for a total value of $662,468.00 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.LDR Holding Corp is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jan 22, 2016.

Currently the company Insiders own 7% of LDR Holding Corp shares according to the proxy statements.Institutional Investors own 90.28% of LDR Holding Corp shares.During last six month period, the net percent change held by insiders has seen a change of -38.73%.

Shares of LDR Holding Corp (LDRH) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.45 points or -1.71% at $25.83 with 2,29,947 shares getting traded. Post opening the session at $26.42, the shares hit an intraday low of $25.66 and an intraday high of $26.57 and the price vacillated in this range throughout the day. The company has a market cap of $755 M and the number of outstanding shares has been calculated to be 2,92,11,317 shares. The 52-week high of LDR Holding Corp is $47.12 and the 52-week low is $16.33.

LDR Holding Corp Money Flow Index Chart

LDR Holding Corporation is a global medical device company. The Company is focused on designing and commercializing surgical technologies for the treatment of patients suffering from spine disorders. The Company’s primary products are based on its VerteBRIDGE fusion and Mobi non-fusion platforms both of which are designed for applications in the cervical and lumbar spine. The Company’s VerteBRIDGE products are designed around its plating technology that enables surgeons to implant VerteBRIDGE devices with direct visualization of the disc and to affix the devices to the vertebrae from inside the spinal disc space. The Company’s Mobi non-fusion platform is highlighted by Mobi-C a cervical disc replacement device with a patented mobile bearing core that is designed to replicate the natural anatomical movement of the spine by facilitating independent bending and twisting similar to a healthy disc.

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