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flag Outset Medical's CEO sold shares, but hedge funds bought more as the company reported a quarterly loss.

flag Outset Medical's CEO, Leslie Trigg, recently sold shares, reducing his ownership by 1.63%, following earlier sales. flag Despite these transactions, several hedge funds increased their holdings in the company. flag Outset Medical reported a quarterly loss, missing analysts' expectations. flag The company, which develops the Tablo Hemodialysis System, received a "sector perform" rating with a $3 price target.

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