Insider Buying: Eric K. Steen Acquires 11,172 Shares of InfuSystem Holdings Stock (INFU)
InfuSystem Holdings (NASDAQ:INFU) CEO Eric K. Steen purchased 11,172 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 11th. The stock was purchased at an average cost of $2.71 per share, with a total value of $30,276.12. Following the acquisition, the chief executive officer now directly owns 36,172 shares in the company, valued at approximately $98,026. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
InfuSystem Holdings (NASDAQ:INFU) traded up 1.09% on Tuesday, hitting $2.78. The stock had a trading volume of 7,100 shares. InfuSystem Holdings has a 52 week low of $1.27 and a 52 week high of $3.05. The stock has a 50-day moving average of $2.70 and a 200-day moving average of $2.72. The company has a market cap of $62.3 million and a price-to-earnings ratio of 20.22.
InfuSystem Holdings (NASDAQ:INFU) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.04 earnings per share (EPS) for the quarter. Analysts expect that InfuSystem Holdings will post $0.18 EPS for the current fiscal year.
Infusystem Holdings, Inc, incorporated on August 15, 2005, is a provider of ambulatory infusion pump management services for oncologists in the United States.
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