The SVP Sales of AxoGen (AXGN) is Selling Shares


Today, the SVP Sales of AxoGen (NASDAQ: AXGN), Shawn Mccarrey, sold shares of AXGN for $434.7K.

Following Shawn Mccarrey’s last AXGN Sell transaction on August 30, 2013, the stock climbed by 39.2%.

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Based on AxoGen’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $17.26 million and GAAP net loss of $5.64 million. In comparison, last year the company earned revenue of $12.24 million and had a GAAP net loss of $3.76 million. The Company has a Price to Book ratio of 70.2458. Currently, AxoGen has an average volume of 483.3K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $42.67, reflecting a 3.0% upside.

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AxoGen, Inc. engages in the development and market of surgical solutions for peripheral nerves. It also provide products and education to improve surgical treatment algorithms for peripheral nerve damage or discontinuity.

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