tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ResMed Officer Plans Further Share Sale Under Rule 144

Story Highlights
ResMed Officer Plans Further Share Sale Under Rule 144

TipRanks Cyber Monday Sale

An announcement from Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh ( (AU:RMD) ) is now available.

ResMed Inc. has announced a proposed sale of 1,000 common shares by Brett Sandercock, an officer of the company, under Rule 144 of the Securities Act of 1933. This transaction, set to occur on December 1, 2025, follows previous sales of 3,000 shares each in September, October, and November 2025, reflecting a strategic move by the officer to liquidate a portion of his holdings. The sale is valued at approximately $244,160 and will be conducted through Fidelity Brokerage Services LLC on the NYSE, indicating a continued trend of share sales by company insiders, which could have implications for investor perceptions and market dynamics.

The most recent analyst rating on (AU:RMD) stock is a Buy with a A$45.00 price target. To see the full list of analyst forecasts on Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh stock, see the AU:RMD Stock Forecast page.

More about Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh

ResMed Inc. operates in the healthcare industry, specializing in the development and manufacturing of equipment related to sleep disorders, particularly sleep apnea. The company focuses on providing innovative solutions for respiratory care, improving the quality of life for patients with chronic respiratory conditions.

Average Trading Volume: 1,249,949

Technical Sentiment Signal: Buy

Current Market Cap: A$55.4B

See more data about RMD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1