Smarter Analyst

A Major Shareholder at Integra Lifesciences (IART) is Selling Shares

Today, a Major Shareholder at Integra Lifesciences (IART), Richard Caruso, sold shares of IART for $4.94M.

Following Richard Caruso’s last IART Sell transaction on March 15, 2019, the stock climbed by 3.9%. In addition to Richard Caruso, 5 other IART executives reported Sell trades in the last month.

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Based on Integra Lifesciences’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $384 million and quarterly net profit of $29.74 million. In comparison, last year the company earned revenue of $366 million and had a net profit of $11.38 million. The company has a one-year high of $66.41 and a one-year low of $42.14. Currently, Integra Lifesciences has an average volume of 459.02K.

The insider sentiment on Integra Lifesciences has been negative according to 68 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Richard Caruso’s trades have generated a 15.9% 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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Integra LifeSciences Holdings Corp. engages in the manufacture and sale of medical instruments, devices, and equipment. It operates through the Codman Specialty Surgical, and Orthopedics and Tissue Technologies segments.