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Insider Buying at OPKO Health (OPK) is Significant

10:17PM ET 10/28/2019 MT Newswires
Four insiders -- Dr Hsiao, Pfenniger, Rubin, and Dr Frost -- acquired 2,440,000 shares of OPKO Health having a market value of approximately $3,658,743 today, as disclosed in form 4 documents filed with the SEC. This is the first insider buy/sell trade in the past 90 days.

Today's Insider Activity

Relative to its peers over the last 90 days, insider buy/sell trading at OPKO Health is above the 150-company peer group average. Pharmaceuticals peer group saw 98 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for OPKO Health insiders was also higher. Within the peer group there were 5,682,077 shares purchased and 948,852 shares sold with company insiders acquiring 72,819 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated from data obtained to compose and write this story.