Insider Sell: EVP Chief Legal Officer Michael Brown Sells 2,624 Shares of DexCom Inc (DXCM)

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DexCom Inc (NASDAQ:DXCM), a medical device company, specializes in the design, development, and commercialization of continuous glucose monitoring (CGM) systems for people with diabetes. These systems are designed to help patients manage their blood sugar levels by providing real-time glucose readings, trend information, and alerts to help prevent both high and low blood sugar levels.According to a recent SEC filing, Michael Brown, the Executive Vice President and Chief Legal Officer of DexCom Inc (NASDAQ:DXCM), sold 2,624 shares of the company on March 28, 2024. The transaction was executed at an average price of $140.04 per share, resulting in a total value of $367,464.96.Over the past year, the insider has sold a total of 18,647 shares of DexCom Inc (NASDAQ:DXCM) and has not made any purchases of the stock. The recent sale by Michael Brown is part of a broader trend observed within the company, where there have been 53 insider sells and no insider buys over the past year.

Insider Sell: EVP Chief Legal Officer Michael Brown Sells 2,624 Shares of DexCom Inc (DXCM)
Insider Sell: EVP Chief Legal Officer Michael Brown Sells 2,624 Shares of DexCom Inc (DXCM)

The market capitalization of DexCom Inc (NASDAQ:DXCM) stands at $53.47 billion as of the date of the insider's recent sale. The stock's price-earnings ratio is 105.88, which is above the industry median of 27.85 but below the company's historical median price-earnings ratio.In terms of valuation, DexCom Inc (NASDAQ:DXCM) has a price-to-GF-Value ratio of 0.89, with the stock trading at $140.04 and the GF Value at $157.40. This indicates that DexCom Inc is considered modestly undervalued based on its GF Value.

Insider Sell: EVP Chief Legal Officer Michael Brown Sells 2,624 Shares of DexCom Inc (DXCM)
Insider Sell: EVP Chief Legal Officer Michael Brown Sells 2,624 Shares of DexCom Inc (DXCM)

The GF Value is calculated by GuruFocus and takes into account historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.

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