Inogen Inc (NASDAQ:INGN) EVP Brenton Taylor sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $130.76, for a total transaction of $653,800.00. Following the completion of the transaction, the executive vice president now owns 38,982 shares in the company, valued at $5,097,286.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Brenton Taylor also recently made the following trade(s):
- On Friday, February 16th, Brenton Taylor sold 5,000 shares of Inogen stock. The shares were sold at an average price of $125.06, for a total transaction of $625,300.00.
- On Wednesday, February 14th, Brenton Taylor sold 15,000 shares of Inogen stock. The shares were sold at an average price of $117.47, for a total transaction of $1,762,050.00.
Shares of Inogen Inc (INGN) opened at $131.15 on Friday. The firm has a market cap of $2,737.10, a price-to-earnings ratio of 106.63, a price-to-earnings-growth ratio of 4.27 and a beta of 1.02. Inogen Inc has a twelve month low of $67.34 and a twelve month high of $132.68.
INGN has been the topic of several analyst reports. Leerink Swann restated an “outperform” rating and issued a $120.00 price objective (up from $115.00) on shares of Inogen in a report on Wednesday, November 8th. BidaskClub lowered shares of Inogen from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Zacks Investment Research upgraded shares of Inogen from a “hold” rating to a “buy” rating and set a $131.00 price objective on the stock in a report on Thursday, November 9th. Needham & Company LLC increased their price objective on shares of Inogen from $108.00 to $125.00 and gave the company a “strong-buy” rating in a report on Wednesday, November 8th. Finally, Piper Jaffray Companies upgraded shares of Inogen from a “neutral” rating to an “overweight” rating in a report on Tuesday, February 20th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Inogen presently has an average rating of “Buy” and a consensus target price of $103.71.
Institutional investors and hedge funds have recently bought and sold shares of the business. Lenox Wealth Advisors Inc. acquired a new stake in Inogen in the fourth quarter worth $100,000. Steward Partners Investment Advisory LLC raised its holdings in Inogen by 1,000.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,100 shares of the medical technology company’s stock worth $130,000 after purchasing an additional 1,000 shares during the period. Simplex Trading LLC acquired a new stake in Inogen in the fourth quarter worth $153,000. Ameritas Investment Partners Inc. raised its holdings in Inogen by 6.1% in the second quarter. Ameritas Investment Partners Inc. now owns 1,495 shares of the medical technology company’s stock worth $143,000 after purchasing an additional 86 shares during the period. Finally, LS Investment Advisors LLC raised its holdings in Inogen by 138.6% in the fourth quarter. LS Investment Advisors LLC now owns 1,515 shares of the medical technology company’s stock worth $180,000 after purchasing an additional 880 shares during the period.
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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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