A Director at Masimo Corp (NASDAQ: MASI) is Selling Shares

By Carrie Williams

Yesterday, a Director at Masimo Corp (MASIResearch Report), Sanford Fitch, sold shares of MASI for $1.05M.

Following Sanford Fitch’s last MASI Sell transaction on June 03, 2019, the stock climbed by 17.4%.

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Based on Masimo Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $230 million and quarterly net profit of $44.89 million. In comparison, last year the company earned revenue of $212 million and had a net profit of $43.85 million. The company has a one-year high of $160.25 and a one-year low of $98.23. Currently, Masimo Corp has an average volume of 418.64K.

The insider sentiment on Masimo Corp has been positive according to 54 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Masimo Corp. is a medical technology company, which develops, manufactures and markets non invasive patient monitoring technologies, medical devices and sensors. Its products include continuous monitors, patient-worn monitors, hospital automation connectivity, capnography & gas, data download & analytics and sensors & accessories.