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InspireMD (NASDAQ:NSPR) VP Eric L. Olson purchased 31,778 shares of the stock on the open market in a transaction dated Thursday, May 29th. The shares were purchased at an average cost of $2.55 per share, with a total value of $81,033.90. Following the completion of the transaction, the vice president now directly owns 31,778 shares of the company’s stock, valued at approximately $81,034. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of InspireMD (NASDAQ:NSPR) traded down 0.83% during mid-day trading on Wednesday, hitting $2.4694. 27,558 shares of the company’s stock traded hands. InspireMD has a 52-week low of $1.79 and a 52-week high of $3.80. The stock’s 50-day moving average is $2.35 and its 200-day moving average is $2.79. The company’s market cap is $86.4 million.

InspireMD (NASDAQ:NSPR) last announced its earnings results on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.15) by $0.03. On average, analysts predict that InspireMD will post $-0.65 earnings per share for the current fiscal year.

InspireMD, Inc, formerly Saguaro Resources, Inc, is a medical device company. The Company develops, manufactures, markets and sells coronary stents.

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