Boston Scientific EVP sells 35k shares: 4 things to know

Michael Phalen, executive vice president and group president at Boston Scientific, sold 35,000 shares of the company, according to a Press Telegraph report.

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Here are four things to know:

1. The shares were sold at an average of $24 per share, for a total transaction value of $841,050.

2. Currently, Mr. Phalen owns a total of 91,733 shares.

3. Out of 18 analysts covering Boston Scientific, 14 rate it a “buy,” zero rate it “sell,” while four rate it “hold.”

4. The company has a market cap of $33.15 billion.

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