Surmodics Inc
NASDAQ:SRDX
During the last 3 months Surmodics Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 18% over this period (open performance analysis).
The last transaction was made on
Nov 26, 2024
by
Arens Timothy J.
(Senior Vice President and Chief Financial Officer)
, who
sold
276.5k USD
worth of SRDX shares.
During the last 3 months Surmodics Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 18% over this period (open performance analysis).
The last transaction was made on
Nov 26, 2024
by
Arens Timothy J.
(Senior Vice President and Chief Financial Officer)
, who
sold
276.5k USD
worth of SRDX shares.
Surmodics Inc
Glance View
Surmodics, Inc. engages in the provision of surface modification technologies for intravascular medical devices and chemical components for in vitro diagnostic immunoassay tests and microarrays. The company is headquartered in Eden Prairie, Minnesota and currently employs 389 full-time employees. The firm operates through two segments: Medical Device and In Vitro Diagnostics (IVD). The Medical Device segment consists of surface modification coating technologies to improve access, deliverability and predictable deployment of medical devices, as well as drug-delivery coating technologies to provide site-specific drug-delivery from the surface of a medical device, with end markets that includes coronary, peripheral, neurovascular and structural heart, among others. The IVD segment designs, develops and manufactures component products and technologies for diagnostic immunoassay, as well as molecular tests and biomedical research applications, with products that include protein stabilization reagents, substrates, surface coatings and antigens.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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