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Insider Trends: OPKO Health Insider Buy Scaling Back 90-Days of Sells

2:12PM ET 10/25/2019 MT Newswires
On Oct 25, 2019, Director and Vice Chairman & CTO, Dr Jane Hsiao, reported a purchase of 400,000 shares in OPKO Health (OPK) for $600,000. Dr Hsiao, after the transactions designated in the SEC Form 4 filing, controls 49,693,613 shares of company stock of which 24,475,147 shares are held directly and 25,218,466 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $81.00 million.

This is the first insider transaction for the company in the last 90 days. Relative to the preceding 90-day window of time, there were 35 transactions from 7 insiders that resulted in the net acquisition of 4,405,250 shares.

This is less than the average level of insider transactions in the 150-company Pharmaceuticals peer group over the last 90-day period. Within the peer group activity averaged 39.7 transactions per company, and disposition of 6,433 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/944809/000120919119054066/xslF345X03/doc4.xml