The SVP & Pres, Eur, Mid-East, Afr of Boston Scientific Corp is Exercising Options


Today it was reported that the SVP & Pres, Eur, Mid-East, Afr of Boston Scientific Corp (BSX), Thepaut Eric Francis Yves, exercised options to sell 23,458 BSX shares at $8.30 a share, for a total transaction value of $879.7K.

Following Thepaut Eric Francis Yves’ last BSX Sell transaction on May 18, 2018, the stock climbed by 6.5%.

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Based on Boston Scientific Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $2.39 billion and quarterly net profit of $432 million. In comparison, last year the company earned revenue of $2.22 billion and had a net profit of $283 million. BSX’s market cap is $51.1B and the company has a P/E ratio of 78.57. Currently, Boston Scientific Corp has an average volume of 3.62M.

Based on 16 analyst ratings, the analyst consensus is Strong Buy with an average price target of $42.13, reflecting a 14.9% upside. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy BSX with a $40 price target.

Thepaut Eric Francis Yves’ trades have generated a -10.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Boston Scientific Corp. engages in the development, manufacture and marketing of medical devices that are used in interventional medical specialties. It operates through the following segments: Cardiovascular, Rhythm Management, and MedSurg.

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