On August 31, 2021, the Vice President of Edwards Lifesciences Co., NYSEEW, sold $711,268.00 in stock. The sale was made through a series of transactions that took place on multiple days throughout the month.
Edwards Lifesciences Corporation is a medical device manufacturer based in Irvine, California. The company operates in several segments, including vascular, structural heart, minimally invasive surgical, and advanced imaging.
The sale of stock by the NYSEEW VP may indicate that they are selling their shares for personal reasons or to diversify their investment portfolio. It is important to note that insider selling can have an impact on a company's stock price, as it can signal to investors that the executive has confidence in the company's future performance.
It is also worth noting that insider selling is not necessarily a negative sign for a company. In fact, insiders may sell their shares for various reasons, such as to raise cash or to diversify their investment portfolio. However, it is important for investors to monitor insider selling activity and consider the potential impact on a company's stock price.
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