What Did This CEO Just Do with Personal Shares of Tandem Diabetes (TNDM)?


Today, the PRESIDENT & CEO of Tandem Diabetes (TNDM), Kim Blickenstaff, sold shares of TNDM for $7.33M.

Following Kim Blickenstaff’s last TNDM Sell transaction on February 13, 2018, the stock climbed by 34.4%. This is Blickenstaff’s first Sell trade following 3 Buy transactions.

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Based on Tandem Diabetes’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $46.26 million and GAAP net loss of $34.25 million. In comparison, last year the company earned revenue of $27 million and had a GAAP net loss of $16.04 million. Currently, Tandem Diabetes has an average volume of 1.93M. The Company has a Price to Book ratio of 18.2883.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $51.14, reflecting a 29.3% upside.

Kim Blickenstaff’s trades have generated a -36.2% 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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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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