Today it was reported that a Director at Idexx Laboratories (IDXX), Anne Szostak, exercised options to buy 5,906 IDXX shares at $47.53 a share, for a total transaction value of $280.7K.
Following Anne Szostak’s last IDXX Buy transaction on February 25, 2016, the stock climbed by 138.2%. This recent transaction increases Anne Szostak’s holding in the company by 46.93% to a total of $3.38 million.
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Based on Idexx Laboratories’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $549 million and quarterly net profit of $85.64 million. In comparison, last year the company earned revenue of $506 million and had a net profit of $38.26 million. IDXX’s market cap is $18.23B and the company has a P/E ratio of 49.49. Currently, Idexx Laboratories has an average volume of 484.2K.
Starting in August 2018, IDXX received 6 Buy ratings in a row.
In the last 30 days, insiders have sold $1.23M worth of IDXX shares and purchased $782.6K worth of IDXX shares. The insider sentiment on Idexx Laboratories has been positive according to 59 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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IDEXX Laboratories, Inc. engages in the development, manufacture, and distribution of products and services for the animal veterinary, livestock and poultry, dairy and water testing markets. It operates through the following segments: Companion Animal Group; Water; Livestock, Poultry, and Dairy; and Other.
