Biotelemetry, Inc. (BEAT) Files Form 4 Insider Selling : Joseph H Capper Sells 13,632 Shares

Biotelemetry, Inc. (BEAT): Joseph H Capper , President and CEO of Biotelemetry, Inc. sold 13,632 shares on Sep 8, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $18.10 per share for a total value of $246,739.20 , 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 12, 2016, Peter Ferola (General Counsel) sold 2,210 shares at $18.10 per share price.On Sep 7, 2016, George Hrenko (SVP – Human Resources) sold 15,919 shares at $18.51 per share price.Also, On Sep 7, 2016, Joseph H Capper (President and CEO) sold 86,681 shares at $18.52 per share price.On Sep 7, 2016, Heather C Getz (Chief Financial Officer) sold 18,945 shares at $18.52 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 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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