Biotelemetry, Inc. (BEAT) Files Form 4 Insider Selling : George Hrenko Sells 3,871 Shares

Biotelemetry, Inc. (BEAT): George Hrenko , SVP – Human Resources of Biotelemetry, Inc. sold 3,871 shares on Sep 9, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $17.84 per share for a total value of $69,058.64 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 13, 2016, Daniel Wisniewski (SVP – Business Operations) sold 2,223 shares at $17.84 per share price.On Sep 13, 2016, Fred Broadway (SVP – Sales Marketing) sold 3,146 shares at $17.84 per share price.Also, On Sep 12, 2016, George Hrenko (SVP – Human Resources) sold 3,491 shares at $18.06 per share price.On Sep 12, 2016, Heather C Getz (Chief Financial Officer) sold 2,979 shares at $18.10 per share price.

BioTelemetry: On Monday, Sep 12, 2016 heightened volatility was witnessed in BioTelemetry which led to swings in the share price. The shares opened for trading at $17.64 and hit $17.93 on the upside , eventually ending the session at $17.92, with a gain of 1.64% or 0.29 points. The heightened volatility saw the trading volume jump to 355,123 shares. The 52-week high of the share price is $21.42 and the company has a market cap of $502 M . The 52-week low of the share price is at $8.74.

BioTelemetry Money Flow Index Chart

Company has been under the radar of several Street Analysts.BioTelemetry is Initiated by Sidoti to Buy. The Rating was issued on Sep 13, 2016.BioTelemetry is Reiterated by The Benchmark Company to Buy and the brokerage firm has raised the Price Target to $ 25 from a previous price target of $20 .The Rating was issued on Aug 3, 2016.

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