Versant Ventures II LLC, a large shareholder at Inogen Inc (NASDAQ:INGN) disposed last September 9th through an open market transaction of 7,388 shares. These were sold at an average weighted price of $23.25, for a total value of $171,771. Following the filing, the filer indirectly owns 62,733 shares held by Versant Affiliates Fund II-A, L.P., 29,537 shares held by VSF II, and 3,306,680 held by VV II, amongst other small amounts also held by third parties. This is the first time this insider has reduced its exposure to the firm.
Other insiders have also decided to decrease their participation in the firm this year. Charles E. Larsen, Director at Inogen Inc (NASDAQ:INGN), has sold shares twice, amounting to a total of 136,027 shares, . Stephen E. Cooper, also a Director at the company, has sold 18,851 shares through two different sales.
Unfortunately, no hedge fund investors on record hold any stake in the $429.96 million market cap Inogen Inc (NASDAQ:INGN).
Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned.