Insider Buying: William C. Mills III Acquires 10,000 Shares of Stereotaxis Stock (STXS)
Stereotaxis (NASDAQ:STXS) CEO William C. Mills III purchased 10,000 shares of the company’s stock on the open market in a transaction dated Monday, August 11th. The stock was purchased at an average cost of $2.75 per share, for a total transaction of $27,500.00. Following the purchase, the chief executive officer now directly owns 219,711 shares in the company, valued at approximately $604,205. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Stereotaxis (NASDAQ:STXS) traded up 7.98% during mid-day trading on Monday, hitting $2.964. 249,429 shares of the company’s stock traded hands. Stereotaxis has a 52 week low of $2.70 and a 52 week high of $6.34. The stock’s 50-day moving average is $3.31 and its 200-day moving average is $4.06. The company’s market cap is $58.2 million.
Stereotaxis, Inc designs, manufactures and markets cardiology instrument control system for use in a hospital’s interventional medical suite, or interventional lab, for the treatment of arrhythmias and coronary artery disease by enabling therapeutic solutions and improving catheter-based, or interventional, procedures.
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