Varian Medical Systems Inc (VAR) Files Form 4 Insider Selling : Dow R Wilson Sells 10,000 Shares

Varian Medical Systems Inc (VAR): Dow R Wilson , President and CEO of Varian Medical Systems Inc sold 10,000 shares on Jun 27, 2016. The Insider selling transaction was reported by the company on Jun 28, 2016 to the Securities and Exchange Commission. The shares were sold at $78.58 per share for a total value of $782,741.12 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Ruediger Naumann-etienne (director) sold 1,000 shares at $84.83 per share price.On Jun 6, 2016, Mark R Laret (director) sold 1,545 shares at $83.47 per share price.Also, On May 3, 2016, Timothy E Guertin (director) sold 4,000 shares at $81.55 per share price.On Apr 21, 2016, Elisha W Finney (Exec VP and CFO) sold 4,000 shares at $85.95 per share price.

Shares of Varian Medical Systems (VAR) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -2.07 points or -2.58% at $78.04 with 12,48,273 shares getting traded. Post opening the session at $79.42, the shares hit an intraday low of $77.64 and an intraday high of $79.535 and the price vacillated in this range throughout the day. The company has a market cap of $7,431 M and the number of outstanding shares has been calculated to be 9,52,14,552 shares. The 52-week high of Varian Medical Systems is $90.78 and the 52-week low is $71.07.

Varian Medical Systems Money Flow Index Chart

Varian Medical Systems Inc. is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy radiosurgery proton therapy and brachytherapy. The Company is a supplier of X-ray imaging components for medical scientific and industrial applications and supplies X-ray imaging products for cargo screening and industrial inspection. The Company offers tools for fighting cancer taking X-ray images and protecting ports and borders. The Company’s products include linear accelerators brachytherapy afterloaders treatment simulation and verification equipment accessories information management treatment planning and image processing software. The Company’s customers include university research and community hospitals private and governmental institutions healthcare agencies doctors’ offices and cancer care clinics.

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