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Accelerate Diagnostics (NASDAQ:AXDX) major shareholder Larry N. Feinberg bought 16,307 shares of the stock on the open market in a transaction dated Monday, January 27th. The shares were purchased at an average cost of $13.09 per share, with a total value of $213,458.63. Following the completion of the acquisition, the insider now directly owns 20,000 shares of the company’s stock, valued at approximately $261,800. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Accelerate Diagnostics (NASDAQ:AXDX) traded up 2.14% on Tuesday, hitting $13.35. 34,996 shares of the company’s stock traded hands. Accelerate Diagnostics has a 52 week low of $4.20 and a 52 week high of $16.45. The stock’s 50-day moving average is $13.35 and its 200-day moving average is $11.58. The company’s market cap is $553.6 million.

Accelerate Diagnostics, Inc, formerly Accelr8 Technology Corporation, is focused on developing and commercializing instrumentation for the rapid identification and antibiotic susceptibility testing of infectious pathogens.

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