Insider Buying: Fountainhead Capital Managemen Buys 6,329 Shares of Vycor Medical Stock (VYCO)
Vycor Medical (NASDAQ:VYCO) major shareholder Fountainhead Capital Managemen acquired 6,329 shares of Vycor Medical stock in a transaction dated Monday, June 30th. The shares were purchased at an average price of $1.80 per share, for a total transaction of $11,392.20. Following the transaction, the insider now directly owns 4,352,081 shares in the company, valued at approximately $7,833,746. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Vycor Medical (NASDAQ:VYCO) opened at 2.87 on Friday. Vycor Medical has a 1-year low of $1.72 and a 1-year high of $3.06. The stock’s 50-day moving average is $2.48 and its 200-day moving average is $2.24. The company’s market cap is $30.7 million.
Vycor Medical, Inc (NASDAQ:VYCO) is a medical device company.
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