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DexCom (NASDAQ:DXCM) CEO Terrance H. Gregg sold 56,107 shares of the company’s stock on the open market in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $43.57, for a total transaction of $2,444,581.99. Following the completion of the sale, the chief executive officer now directly owns 395,626 shares of the company’s stock, valued at approximately $17,237,425. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

A number of research firms have recently commented on DXCM. Analysts at Zacks reiterated a “neutral” rating on shares of DexCom in a research note on Friday, August 8th. They now have a $46.00 price target on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of DexCom in a research note on Thursday, August 7th. They now have a $46.00 price target on the stock, up previously from $44.00. Finally, analysts at Canaccord Genuity raised their price target on shares of DexCom from $40.00 to $48.00 in a research note on Thursday, August 7th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. DexCom presently has a consensus rating of “Hold” and a consensus target price of $41.00.

Shares of DexCom (NASDAQ:DXCM) traded up 0.09% on Thursday, hitting $43.93. The stock had a trading volume of 487,287 shares. DexCom has a 52 week low of $25.49 and a 52 week high of $49.83. The stock has a 50-day moving average of $38.95 and a 200-day moving average of $38.65. The company’s market cap is $3.316 billion. DexCom also was the recipient of some unusual options trading activity on Tuesday. Investors acquired 168 put options on the company. This represents an increase of approximately 118% compared to the average daily volume of 77 put options.

DexCom (NASDAQ:DXCM) last announced its earnings results on Wednesday, August 6th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.01. The company had revenue of $58.80 million for the quarter, compared to the consensus estimate of $52.45 million. During the same quarter in the previous year, the company posted ($0.14) earnings per share. The company’s revenue for the quarter was up 64.2% on a year-over-year basis. Analysts expect that DexCom will post $-0.31 EPS for the current fiscal year.

DexCom, Inc (NASDAQ:DXCM) is a medical device company focused on the design, development and commercialization of continuous glucose monitoring systems for ambulatory use by people with diabetes and for use by healthcare providers in the hospital for the treatment of both diabetic and non-diabetic patients.

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