Hanger Inc (NYSE:HGR), watched as one of its top level insiders lowered his exposure to the company through a transaction that began yesterday, and was officially filed today, August 15th. Executive Vice President and Chief Financial Officer George E. Mchenry Jr. disposed of 2,300 shares at average prices ranging from $22.2 to $22.4 per share. Following the completion of this transaction, Mchenry now has a total of 47,207 shares directly invested in the company.
A $766.53 million market cap corporation, Hanger Inc (NYSE:HGR) is a provider of services and products that enhance human physical capabilities. It provides orthotic and prosthetic patient care services, distribute orthotic and prosthetic devices and components, manage O&P networks, and provide therapeutic solutions to the post acute market. As well, the company is an owner and operator of orthotic and prosthetic patient care centers in the United States and a distributor of O&P products in the United States.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.