Glaukos Corp (GKOS) CFO Sells $350,150.00 in Stock

Glaukos Corp (NYSE:GKOS) CFO Joseph E. Gilliam sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $70.03, for a total value of $350,150.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NYSE GKOS traded up $0.49 during trading hours on Friday, hitting $68.50. The company had a trading volume of 114,600 shares, compared to its average volume of 243,961. Glaukos Corp has a 52 week low of $26.75 and a 52 week high of $70.91.

Separately, Zacks Investment Research upgraded Glaukos from a “sell” rating to a “hold” rating in a research note on Tuesday, November 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $58.20.



A number of hedge funds and other institutional investors have recently modified their holdings of GKOS. Bank of New York Mellon Corp boosted its position in shares of Glaukos by 14.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 171,070 shares of the medical instruments supplier’s stock valued at $6,952,000 after acquiring an additional 21,420 shares during the last quarter. Northern Trust Corp increased its stake in Glaukos by 14.0% in the 2nd quarter. Northern Trust Corp now owns 462,505 shares of the medical instruments supplier’s stock worth $18,796,000 after purchasing an additional 56,902 shares during the period. Bank of Montreal Can increased its stake in Glaukos by 5.9% in the 3rd quarter. Bank of Montreal Can now owns 39,000 shares of the medical instruments supplier’s stock worth $2,532,000 after purchasing an additional 2,190 shares during the period. Seven Eight Capital LP purchased a new position in Glaukos in the 3rd quarter worth approximately $1,090,000. Finally, First Trust Advisors LP increased its stake in Glaukos by 153.5% in the 3rd quarter. First Trust Advisors LP now owns 96,245 shares of the medical instruments supplier’s stock worth $6,246,000 after purchasing an additional 58,273 shares during the period. Institutional investors and hedge funds own 99.12% of the company’s stock.

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About Glaukos

Glaukos Corporation, an ophthalmic medical technology and pharmaceutical company, focuses on the development and commercialization of surgical devices and sustained pharmaceutical therapies designed to treat glaucoma. It offers iStent, a micro-bypass stent for insertion in conjunction with cataract surgery for the reduction of intraocular pressure in adult patients with mild-to-moderate open-angle glaucoma.

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