A Director at Tandem Diabetes Care Inc (TNDM) is Selling Shares


Today, a Director at Tandem Diabetes Care Inc (TNDM), Dick Allen, sold shares of TNDM for $1.1M.

Following Dick Allen’s last TNDM Sell transaction on November 07, 2018, the stock climbed by 25.0%. In addition to Dick Allen, one other TNDM executive reported Sell trades in the last month.

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Based on Tandem Diabetes Care Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $76.2 million and quarterly net profit of $3.69 million. In comparison, last year the company earned revenue of $40.3 million and had a GAAP net loss of $11.41 million. The Company has a Price to Book ratio of 28.2871. Currently, Tandem Diabetes Care Inc has an average volume of 1.8M.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy TNDM with a $60 price target. Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $72.83, reflecting a 11.6% upside.

The insider sentiment on Tandem Diabetes Care Inc has been negative according to 25 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

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Tandem Diabetes Care, Inc. engages in the design, development, and commercialization of products for people with insulin-dependent diabetes. Its flagship product, t:slim X2 Insulin Delivery System, operates as a small insulin pump. The company was founded by Paul M. DiPerna on January 27, 2006 and is headquartered in San Diego, CA.

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