Mobia Medical, Inc. (NASDAQ:MOBI – Get Free Report) insider Chase Leavitt acquired 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $15.00 per share, for a total transaction of $45,000.00. Following the completion of the acquisition, the insider owned 3,000 shares of the company’s stock, valued at $45,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Mobia Medical Trading Up 0.8%
Shares of NASDAQ:MOBI opened at $12.10 on Wednesday. Mobia Medical, Inc. has a 12 month low of $10.19 and a 12 month high of $14.00. The firm has a market cap of $341.58 million, a P/E ratio of 67.22 and a beta of 2.84.
Mobia Medical News Summary
Here are the key news stories impacting Mobia Medical this week:
- Positive Sentiment: Major shareholder Osage University Gp Iii, LLC bought 533,333 shares at $15.00 each, a nearly $8.0 million investment that lifted its position by 36.2%. SEC filing
- Positive Sentiment: Director William T. Harrington also purchased 533,333 shares at $15.00, matching the large insider commitment and reinforcing the bullish signal. SEC filing
- Positive Sentiment: Other directors and insiders added to positions as well, including Cynthia L. Lucchese (125,000 shares), Casey M. Tansey (66,666 shares), Dana G. Jr. Mead (7,000 shares), and Chase Leavitt (3,000 shares), suggesting broad insider support. Article on CEO outlook
- Neutral Sentiment: The company’s CEO is highlighting a large potential market for stroke rehabilitation, which supports the long-term growth narrative but does not yet include new financial results or guidance. Article title
Read More
- Five stocks we like better than Mobia Medical
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Mobia Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobia Medical and related companies with MarketBeat.com's FREE daily email newsletter.
