Inogen, Inc (NASDAQ:INGN) EVP Matt Scribner sold 2,500 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $120.34, for a total value of $300,850.00. Following the sale, the executive vice president now owns 7,297 shares in the company, valued at approximately $878,120.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Matt Scribner also recently made the following trade(s):

  • On Monday, November 13th, Matt Scribner sold 2,500 shares of Inogen stock. The stock was sold at an average price of $112.35, for a total value of $280,875.00.
  • On Thursday, October 12th, Matt Scribner sold 2,500 shares of Inogen stock. The stock was sold at an average price of $93.88, for a total value of $234,700.00.

Shares of Inogen, Inc (NASDAQ:INGN) traded up $2.63 during trading on Friday, reaching $122.12. The company had a trading volume of 409,485 shares, compared to its average volume of 171,565. Inogen, Inc has a 52-week low of $62.69 and a 52-week high of $130.05. The firm has a market capitalization of $2,529.91, a PE ratio of 98.55, a P/E/G ratio of 5.09 and a beta of 1.13.

Inogen (NASDAQ:INGN) last issued its earnings results on Tuesday, November 7th. The medical technology company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.04. Inogen had a return on equity of 13.37% and a net margin of 11.36%. The firm had revenue of $69.00 million for the quarter, compared to analysts’ expectations of $63.55 million. During the same quarter last year, the firm earned $0.25 earnings per share. The firm’s revenue for the quarter was up 26.8% compared to the same quarter last year. equities research analysts anticipate that Inogen, Inc will post 1.19 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of INGN. Teachers Advisors LLC increased its holdings in shares of Inogen by 2.8% in the first quarter. Teachers Advisors LLC now owns 27,790 shares of the medical technology company’s stock valued at $2,155,000 after buying an additional 749 shares in the last quarter. Aperio Group LLC acquired a new stake in Inogen during the 2nd quarter valued at $854,000. Municipal Employees Retirement System of Michigan raised its stake in Inogen by 4.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 3,820 shares of the medical technology company’s stock valued at $365,000 after purchasing an additional 160 shares during the period. Texas Permanent School Fund raised its stake in Inogen by 1.4% during the 2nd quarter. Texas Permanent School Fund now owns 11,871 shares of the medical technology company’s stock valued at $1,133,000 after purchasing an additional 159 shares during the period. Finally, Sei Investments Co. raised its stake in Inogen by 38.1% during the 2nd quarter. Sei Investments Co. now owns 1,606 shares of the medical technology company’s stock valued at $153,000 after purchasing an additional 443 shares during the period.

Several equities research analysts have recently issued reports on the company. BidaskClub cut Inogen from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Needham & Company LLC raised their price objective on Inogen from $108.00 to $125.00 and gave the stock a “strong-buy” rating in a report on Wednesday, November 8th. Zacks Investment Research upgraded 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. Piper Jaffray Companies restated a “hold” rating and set a $90.00 price objective on shares of Inogen in a report on Tuesday, September 12th. Finally, Leerink Swann restated an “outperform” rating and set a $120.00 price objective (up previously from $115.00) on shares of Inogen in a report on Wednesday, November 8th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $103.14.

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Inogen Company Profile

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.

Insider Buying and Selling by Quarter for Inogen (NASDAQ:INGN)

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