Inogen Inc (NASDAQ:INGN) EVP Matt Scribner sold 2,500 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $116.17, for a total value of $290,425.00. Following the completion of the sale, the executive vice president now directly owns 7,297 shares of the company’s stock, valued at $847,692.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Matt Scribner also recently made the following trade(s):

  • On Thursday, December 14th, Matt Scribner sold 2,500 shares of Inogen stock. The shares were sold at an average price of $120.34, for a total value of $300,850.00.
  • On Monday, November 13th, Matt Scribner sold 2,500 shares of Inogen stock. The shares were sold at an average price of $112.35, for a total value of $280,875.00.

Inogen Inc (INGN) opened at $118.12 on Friday. The company has a market capitalization of $2,399.88, a price-to-earnings ratio of 96.03, a P/E/G ratio of 3.90 and a beta of 1.13. Inogen Inc has a 12-month low of $62.69 and a 12-month high of $130.05.

Inogen (NASDAQ:INGN) last issued its earnings results on Tuesday, November 7th. The medical technology company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.29 by $0.04. The firm had revenue of $69.00 million during the quarter, compared to analysts’ expectations of $63.55 million. Inogen had a return on equity of 13.37% and a net margin of 11.36%. Inogen’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same period last year, the business earned $0.25 earnings per share. equities analysts predict that Inogen Inc will post 1.19 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the stock. Simplex Trading LLC bought a new position in Inogen in the fourth quarter worth $153,000. Schroder Investment Management Group bought a new position in Inogen in the second quarter worth $132,000. Ameritas Investment Partners Inc. raised its stake in Inogen by 6.1% during the second quarter. Ameritas Investment Partners Inc. now owns 1,495 shares of the medical technology company’s stock worth $143,000 after acquiring an additional 86 shares in the last quarter. Victory Capital Management Inc. raised its stake in Inogen by 17.8% during the second quarter. Victory Capital Management Inc. now owns 2,036 shares of the medical technology company’s stock worth $194,000 after acquiring an additional 307 shares in the last quarter. Finally, Pinebridge Investments L.P. raised its stake in Inogen by 1.6% during the second quarter. Pinebridge Investments L.P. now owns 2,143 shares of the medical technology company’s stock worth $204,000 after acquiring an additional 33 shares in the last quarter.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research cut Inogen from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. BidaskClub cut Inogen from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Leerink Swann reaffirmed an “outperform” rating and issued a $120.00 target price (up from $115.00) on shares of Inogen in a research report on Wednesday, November 8th. Finally, Needham & Company LLC raised their target price on Inogen from $108.00 to $125.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $102.71.

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About Inogen

Inogen, Inc is a medical technology company. The Company develops, manufactures and markets portable oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. The Company’s Inogen One systems concentrate the air around the patient to offer a single source of supplemental oxygen anytime, anywhere with a portable device.

Insider Buying and Selling by Quarter for Inogen (NASDAQ:INGN)

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