Mobia Medical (NASDAQ:MOBI) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of Mobia Medical (NASDAQ:MOBIFree Report) to a hold rating in a research note issued to investors on Saturday morning.

Mobia Medical Price Performance

NASDAQ MOBI opened at $11.90 on Friday. Mobia Medical has a one year low of $10.19 and a one year high of $14.00.

Insider Buying and Selling at Mobia Medical

In other Mobia Medical news, Director William T. Harrington bought 533,333 shares of the business’s stock in a transaction on Monday, May 11th. The shares were acquired at an average price of $15.00 per share, with a total value of $7,999,995.00. Following the transaction, the director owned 2,006,716 shares of the company’s stock, valued at approximately $30,100,740. This trade represents a 36.20% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Casey M. Tansey bought 66,666 shares of the business’s stock in a transaction on Monday, May 11th. The shares were acquired at an average cost of $15.00 per share, for a total transaction of $999,990.00. Following the transaction, the director directly owned 233,332 shares in the company, valued at approximately $3,499,980. This trade represents a 40.00% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 1,268,332 shares of company stock worth $19,024,980.

Further Reading

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