Transmedics Group Inc (TMDX)

Transmedics Group Stock (TMDX) dropped by 7.29% from $51.83 to $48.05 in the trading on Monday October 9, 2023. The reasons why stock TMDX down today is due to the insider seller. Stephen Gordon, the Chief Financial Officer of TransMedics, sold 5,000 shares of the company. This move is part of a larger trend, as over the past year, the insider has sold a total of 45,000 shares and purchased none.

TransMedics Group, Inc. (TMDX) shares plunged 14.64% to $68.51 after today's announcement that on August 1, 2023, TransMedics granted non-qualified stock options to purchase an aggregate of 48,112 shares of its common stock and an aggregate of 31,109 restricted stock units.

https://finance.yahoo.com/news/transmedics-reports-inducement-grants-under-200500096.html