Arxis (NASDAQ:ARXS) Director Purchases $700,000.00 in Stock

Arxis, Inc. (NASDAQ:ARXS) Director Stephen Duane Oetgen purchased 25,000 shares of Arxis stock in a transaction dated Friday, April 17th. The shares were purchased at an average price of $28.00 per share, for a total transaction of $700,000.00. Following the completion of the acquisition, the director owned 30,357 shares of the company’s stock, valued at approximately $849,996. The trade was a 466.68% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Arxis Stock Performance

Shares of NASDAQ:ARXS traded down $0.35 during midday trading on Monday, hitting $37.65. 2,201,817 shares of the stock were exchanged, compared to its average volume of 3,012,107. Arxis, Inc. has a 12 month low of $35.25 and a 12 month high of $39.24.