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Wright Medical +1.2% after insider buys

Aug. 12, 2019 6:28 PM ETWright Medical Group N.V. (WMGI) StockWMGIBy: Jason Aycock, SA News Editor
  • Wright Medical Group (NASDAQ:WMGI) is up 1.2% after hours following filings from its CEO and a director collectively buying nearly $1.5M worth of stock.
  • CEO Robert Palmisano bought just under $1M worth of stock today. He acquired 46,654 shares at an average price of $21.386; beneficial ownership after the purchase stands at 742,665 shares.
  • Also, director Richard Wallman purchased just under $500,000 worth today. He acquired 23,000 shares at an average price of $21.56; his beneficial ownership after the purchase stands at 156,291 shares.

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