Dexcom Inc (DXCM) Files Form 4 Insider Selling : Terrance H Gregg Sells 12,168 Shares

Dexcom Inc (DXCM): Terrance H Gregg , Executive Chairman of Dexcom Inc sold 12,168 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $61.94 per share for a total value of $759,480.62 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 28, 2016, Jorge A Valdes (CTO) sold 10,000 shares at $70.00 per share price.On Apr 28, 2016, Steven Robert Pacelli (EVP, Strategy & Corp. Dev.) sold 2,361 shares at $70.39 per share price.Also, On Apr 27, 2016, Jess Roper (SVP, CFO) sold 3,471 shares at $69.00 per share price.On Apr 26, 2016, Richard Doubleday (EVP, Chief Commercial Officer) sold 1,666 shares at $69.15 per share price.

Shares of DexCom (DXCM) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.15% at $61.31 with 7,15,355 shares getting traded. Post opening the session at $61.36, the shares hit an intraday low of $60.07 and an intraday high of $61.82 and the price vacillated in this range throughout the day. The company has a market cap of $5,115 M and the number of outstanding shares has been calculated to be 8,34,31,929 shares. The 52-week high of DexCom is $103.29 and the 52-week low is $47.92.

DexCom Money Flow Index Chart

Company has been under the radar of several Street Analysts.DexCom is Reiterated by The Benchmark Company to Buy while Lowering the Price Target of the company shares to $ 86 from a previous price target of $105 . The Rating was issued on Feb 24, 2016.

Dexcom Inc. (Dexcom) is a medical device company. The Company is focused on the design development and commercialization of continuous glucose monitoring systems for ambulatory use by people with diabetes and for use by healthcare providers for the treatment of people with and without diabetes. Its products consist of DexCom G4 DexCom G4 PLATINUM and DexCom Share System. The DexCom G4 PLATINUM with Share uses a wireless connection between a patient’s receiver and an application on the patient’s iPhone to transmit glucose information to applications on the mobile devices of up to five designated recipients or followers who can remotely monitor a patient’s glucose information and receive alert notifications anywhere they have an Internet connection. SweetSpot’s data transfer service is a Medical Device Data System (MDDS) and allows researchers to control the transfer of data from certain diabetes devices to research tools and databases according to their own research workflows.

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