Insider Selling: Ronald Steckel Sells 761 Shares of IRIDEX Stock (IRIX)
IRIDEX (NASDAQ:IRIX) VP Ronald Steckel unloaded 761 shares of the company’s stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $8.00, for a total transaction of $6,088.00. Following the transaction, the vice president now directly owns 1,964 shares of the company’s stock, valued at approximately $15,712. The sale was disclosed in a document filed with the SEC, which is available at this link.
IRIDEX (NASDAQ:IRIX) traded down 1.04% on Friday, hitting $7.63. 23,197 shares of the company’s stock traded hands. IRIDEX has a 52-week low of $5.51 and a 52-week high of $11.00. The stock has a 50-day moving average of $8.0 and a 200-day moving average of $8.62. The company has a market cap of $75.7 million and a P/E ratio of 47.89.
IRIDEX Corporation is a worldwide provider of therapeutic based laser systems, delivery devices and consumable instrumentation used to treat eye diseases in ophthalmology.
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