Today, a Director at SurModics (NASDAQ: SRDX), Susan Knight, sold shares of SRDX for $437.6K.
Following Susan Knight’s last SRDX Sell transaction on August 16, 2016, the stock climbed by 44.4%.
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Based on SurModics’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $22.23 million and GAAP net loss of $2.68 million. In comparison, last year the company earned revenue of $17.79 million and had a net profit of $720K. Currently, SurModics has an average volume of 82.75K. The Company has a Price to Book ratio of 9.0158.
The insider sentiment on SurModics has been negative according to 61 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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SurModics, Inc. engages in the provision of medical device and in vitro diagnostic technologies to the healthcare industry. It operates through the Medical Device and In Vitro Diagnostics segments.
