Analogic Corp (ALOG): Shalabh Chandra , officer of Analogic Corp sold 1,250 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $80.00 per share for a total value of $100,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Shalabh Chandra (officer ) sold 1,250 shares at $80.00 per share price.On May 17, 2016, James Patrick Ryan (SVP, Global Operations) sold 500 shares at $79.48 per share price.Also, On Apr 25, 2016, James W Green (President/CEO/Director) sold 500 shares at $79.04 per share price.On Dec 30, 2015, Mervat Faltas (officer ) sold 11,224 shares at $85.16 per share price.
Analogic Corporation: On Monday, May 16, 2016 heightened volatility was witnessed in Analogic Corporation which led to swings in the share price. The shares opened for trading at $79.48 and hit $82.215 on the upside , eventually ending the session at $80.94, with a gain of 1.38% or 1.1 points. The heightened volatility saw the trading volume jump to 50,906 shares. The 52-week high of the share price is $90.7 and the company has a market cap of $1,005 M . The 52-week low of the share price is at $68.71.
Company has been under the radar of several Street Analysts.Analogic Corporation is Initiated by Sidoti to Neutral and the brokerage firm has set the Price Target at $81. The Rating was issued on Mar 24, 2016.
Analogic Corporation designs manufactures and commercializes guidance diagnostic imaging and threat detection technologies to advance the practice of medicine and save lives. The Company operates through three business segments: Medical Imaging Ultrasound and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT) magnetic resonance imaging (MRI) and high-resolution digital mammography. Its Ultrasound segment provides ultrasound guidance systems for the urology and surgery markets and sells its ultrasound products under the BK Ultrasound brand. The Company’s Security and Detection segment designs and manufactures automated threat detection systems for aviation baggage inspection applications utilizing medical CT technology and systems used for deoxyribonucleic acid (DNA) analysis for law enforcement and government agencies.