Omnicell, Inc (OMCL): Gary S Petersmeyer , director of Omnicell, Inc sold 6,250 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $31.22 per share for a total value of $195,111.88 , 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 23, 2016, Jorge R. Taborga (Executive VP. Engineering) sold 1,933 shares at $30.73 per share price.On May 23, 2016, Dan S Johnston (EVP-Chief Legal & Admin Off) sold 8,850 shares at $30.73 per share price.Also, On May 10, 2016, J Christopher Drew (Exe VP, Sales & Marketing) sold 15,000 shares at $31.63 per share price.On May 5, 2016, Sara J White (director) sold 2,000 shares at $31.76 per share price.
Omnicell: On Friday, May 20, 2016 heightened volatility was witnessed in Omnicell which led to swings in the share price. The shares opened for trading at $30.89 and hit $31.04 on the upside , eventually ending the session at $31.02, with a gain of 0.91% or 0.28 points. The heightened volatility saw the trading volume jump to 1,05,804 shares. The 52-week high of the share price is $40.8 and the company has a market cap of $1,114,176 M . The 52-week low of the share price is at $25.06.
Company has been under the radar of several Street Analysts.Omnicell is Reiterated by Topeka Capital Markets to Buy while Lowering the Price Target of the company shares to $ 37 from a previous price target of $38 . The Rating was issued on Mar 21, 2016.
Omnicell Inc. (Omnicell) is a provider of automation and business information solutions designed to enable healthcare systems to streamline the medication administration process and manage medical supplies for increased operational efficiency and enhanced patient safety. The Company has two operating segments: Automation and Analytics and Medication Adherence. The Automation and Analytics segment is organized around the design manufacturing selling and servicing of medication and supply dispensing systems pharmacy inventory management systems and related software. The Medication Adherence segment primarily includes the manufacturing and selling of consumable medication blister cards packaging equipment and ancillary products and services. The Company’s products include OmniRx SinglePointe AnywhereRN OptiFlex MS OptiFlex CL AccuFlex Autobond AutoGen and SureSeal among others.