This week brought about several 52-week low prices in the
technology sector of the market. Insiders in the medical sciences
and technology industry took these lows as a sign to drop some of
their stock. We saw two medical industry companies make
significant insider sells as the price of their company dwindles
Vocera Communications (
In the past month six members of Vocera's management team have
of their company's stock. These insider sells come as the price
of Vocera drops lower into their 52-week low
The six insiders sold a total of 15,950 shares with the most
recent sell happening on April 22. These shares traded at an
average price of $22.59 for a combined total of $351,416. Since
the first of the sells, occurring on April 1, the price has
decreased an additional 9.46%.
The company hit a two-year low price of $20.80 this week.
According to the
the company has no debt. Vocera's P/B Ratio is also close to a
1-year low of 4.
Vocera Communications provides communications solutions for
hospitals. The company not only provides handheld communications
devices but also apps for use on the iPhone and Android smart
phones. The company's product is currently used in over 800
of Vocera show that the company has seen an increase in revenue
for the past four years, but due to an increase in expense prices
and cost of goods the company's net income and earnings per share
show no stable growth.
RS Investment Management holds 281,826 shares of Vocera.
With its shares down 0.19%, Vocera trades at $20.92.
Edwards Lifesciences Corporation (
Edwards Lifesciences reported the two most interesting insider
sells this month. Both Chairman and CEO Michael Mussallem and
Corporate VP of Japan and Intercontinental Huimin Wang made sells
as the price was inching closer to its 52-week low price of
On April 5, Wang sold 4,850 shares at $81.74 per share. This
brought in $396,439 for Wang.
On April 10, Mussallem sold 35,000 of his shares at a price of
$83.37. This raked in $2,917,950 for Mussallem.
What is most interesting is that since these sells occurred, the
price of the company has dropped over 20% and over $20 per share.
The shares of Edwards Lifesciences dropped more than 20% on
Wednesday, April 24, as the company released its first quarter
results. The drop came after the company cut its forecast for
sales of its Sapien heart valve.
"Sales of the Sapien valve rose 40 percent to $169.7 million in
the first quarter, but Edwards said it now expects sales to grow
25 to 30 percent for the full year. That implies a total of $670
million to $7750 million - below its previous forecast of 30 to
45 percent growth, or $710 million to $790 million in Sapien
sales," the company said in a statement.
Edwards Lifesciences is a medical supply company that provides
products and technologies that are designed to treat advanced
The financials of the company show consistent revenue and
earnings growth for the past ten years.
EW data by GuruFocus.com
With the approximately $20 drop in share prices, Edwards now
trades in the $65 range. This is the lowest the price has been
since November 2011.
Seven Gurus hold a stake in EW. To see the full list of these
gurus and the shares they hold, click here.
With its shares up 1.78%, Edwards Financial trades at $65.75.
TIBCO Software (
Executive VP and CFO Sydney Carey made two significant sells as
the price of TIBCO Software continues to propel downward in its
Care sold a total of 40,000 shares at an average price of $19.89.
Carey brought in $789,100 with these sells.
These sells came as the company's price is nearing a 52-week low
TIBCO Software is an independent provider of infrastructure
software. The company offers products in three major groups:
service-oriented architecture, business optimization and business
The financials of the company have shown consistent growth in its
revenue and earnings. TIBCO's P/B Ratio is close to a two-year
low of 3.26 and its P/S eatio is close to a three-year low of
TIBX data by GuruFocus.com
There are currently eight gurus that hold a stake in TIBCO. To
see these gurus and the shares they hold, click here.
With its shares up 1.54%, TIBCO trades at $19.07.
To view all of the companies reporting insider trades at
52-week lows, click here.
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