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Why the Pro Medicus (ASX:PME) share price is climbing today
Aaron Teboneras | February 19, 2021 10:49am |
More on: Image source: Getty Images
Pro Medicus Limited(ASX: PME) shares are climbing in morning trade despite the company announcing its co-founders have offloaded a parcel of their shares. At the time of writing, the Pro Medicus share price is up 2.5% to $46.40.
Co-founders sell shares
The Pro Medicus share price is on the rise regardless of the fact the health imaging company reported its co-founders have sold off a portion of their stake in the business.
According to this morning’s release, Pro Medicus co-founders Dr Sam Hupert and Mr Anthony Hall have each sold 1 million shares. The sale transacted at market close yesterday (18 February) at the price of $45.97 per share.