Insider Selling: Inogen Inc (INGN) CFO Sells 11,718 Shares of Stock
Inogen Inc (NASDAQ:INGN) CFO Alison Bauerlein sold 11,718 shares of the stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $115.87, for a total transaction of $1,357,764.66. Following the completion of the transaction, the chief financial officer now directly owns 11,718 shares of the company’s stock, valued at approximately $1,357,764.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Alison Bauerlein also recently made the following trade(s):
- On Monday, February 12th, Alison Bauerlein sold 27,630 shares of Inogen stock. The stock was sold at an average price of $116.46, for a total transaction of $3,217,789.80.
Inogen Inc (NASDAQ INGN) opened at $119.33 on Thursday. Inogen Inc has a 52 week low of $66.51 and a 52 week high of $130.05. The stock has a market capitalization of $2,450.39, a P/E ratio of 97.02, a PEG ratio of 3.98 and a beta of 1.02.
A number of research analysts have recently commented on INGN shares. Zacks Investment Research cut shares of Inogen from a “buy” rating to a “hold” rating in a report on Wednesday, February 7th. Needham & Company LLC increased their target price on shares of Inogen from $108.00 to $125.00 and gave the stock a “strong-buy” rating in a report on Wednesday, November 8th. Leerink Swann reissued an “outperform” rating and issued a $120.00 target price (up previously from $115.00) on shares of Inogen in a report on Wednesday, November 8th. Finally, BidaskClub raised shares of Inogen from a “hold” rating to a “buy” rating in a report on Saturday, February 10th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $103.14.
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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.
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