A Director at Tandem Diabetes Care Inc is Exercising Options

Yesterday it was reported that a Director at Tandem Diabetes Care Inc (TNDM), Edward Cahill, exercised options to sell 1,417 TNDM shares at $2.54 a share, for a total transaction value of $89.31K.

In addition to Edward Cahill, 4 other TNDM executives 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 June 30, the company posted quarterly revenue of $93.26 million and GAAP net loss of $1.51 million. In comparison, last year the company earned revenue of $34.13 million and had a GAAP net loss of $59.36 million. The company has a one-year high of $74.81 and a one-year low of $26.40. The Company has a Price to Book ratio of 24.0934.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy TNDM with a $80 price target.

In the last 30 days, insiders have sold $704.4K worth of TNDM shares and purchased $138.3K worth of TNDM shares. The insider sentiment on Tandem Diabetes Care Inc has been positive according to 49 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Edward Cahill’s trades have generated a -16.2% 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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