A Director at Sientra (NASDAQ: SIEN) is Buying Shares


Today, a Director at Sientra (NASDAQ: SIEN), Scott R. Greer, bought shares of SIEN for $150K.

Following this transaction Scott R. Greer’s holding in the company was increased by 26.74% to a total of $866.2K. This is Greer’s first transaction since reporting a Buy transaction on NKTR back in October 2016

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Based on Sientra’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $11.07 million and GAAP net loss of $17.83 million. In comparison, last year the company earned revenue of $7.49 million and had a GAAP net loss of $11.42 million. Currently, Sientra has an average volume of 1.01M. The Company has a Price to Book ratio of 11.5542.

Starting in September 2017, SIEN received 14 Buy ratings in a row. Seven different firms, including Canaccord Genuity and Leerink Partners, currently also have a Buy rating on the stock. Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $17.00, reflecting a -1.7% downside.

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Sientra, Inc. is a medical aesthetics company, which engages in developing and commercializing plastic surgery implantable devices. Its products include breast implants, breast tissue expanders, silicone scar treatment, and additional tissue expanders. The company was founded in 2006 by Hani M. Zeini and is headquartered in Santa Barbara, CA.

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