MiMedx Group, Inc. (NASDAQ:MDXG – Get Rating) insider Robert Benjamin Stein sold 19,000 shares of the company's stock in a transaction on Monday, September 12th. The stock was sold at an average price of $3.44, for a total transaction of $65,360.00. Following the completion of the sale, the insider now owns 287,002 shares of the company's stock, valued at $987,286.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Robert Benjamin Stein also recently made the following trade(s):

• On Friday, August 12th, Robert Benjamin Stein sold 8,503 shares of MiMedx Group stock. The stock was sold at an average price of $4.04, for a total transaction of $34,352.12.
• On Thursday, August 4th, Robert Benjamin Stein sold 19,500 shares of MiMedx Group stock. The stock was sold at an average price of $3.62, for a total transaction of $70,590.00.
• On Tuesday, June 28th, Robert Benjamin Stein sold 14,600 shares of MiMedx Group stock. The stock was sold at an average price of $3.47, for a total transaction of $50,662.00.

MiMedx Group Stock Down 0.6 %

MiMedx Group stock opened at $3.44 on Friday. The firm has a market cap of $390.81 million, a price-to-earnings ratio of -13.76 and a beta of 1.75. The company has a debt-to-equity ratio of 586.91, a current ratio of 3.53 and a quick ratio of 3.17. MiMedx Group, Inc. has a fifty-two week low of $3.04 and a fifty-two week high of $8.69. The firm has a fifty day moving average price of $3.67 and a two-hundred day moving average price of $3.97.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. HC Wainwright decreased their price objective on shares of MiMedx Group from $8.50 to $8.00 and set a "buy" rating for the company in a report on Wednesday, September 7th. StockNews.com lowered shares of MiMedx Group from a "buy" rating to a "hold" rating in a research report on Friday, September 9th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Point72 Hong Kong Ltd acquired a new position in shares of MiMedx Group during the fourth quarter valued at about $41,000. Russell Investments Group Ltd. acquired a new position in shares of MiMedx Group during the second quarter valued at about $28,000. Spinnaker Investment Group LLC acquired a new position in shares of MiMedx Group during the fourth quarter valued at about $47,000. Tiedemann Advisors LLC acquired a new position in shares of MiMedx Group during the first quarter valued at about $49,000. Finally, E Fund Management Co. Ltd. acquired a new position in shares of MiMedx Group during the first quarter valued at about $50,000. Institutional investors and hedge funds own 60.86% of the company's stock.

About MiMedx Group

(Get Rating)

MiMedx Group, Inc develops and distributes placental tissue allografts for various sectors of healthcare. It processes the human placental tissues utilizing its patented and proprietary PURION process to produce allografts that retains the tissue's inherent biological properties and regulatory proteins.

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