Insider Selling: IRIDEX Director Sells 2,810 Shares of Stock (IRIX)
IRIDEX (NASDAQ:IRIX) Director Garrett A. Garrettson unloaded 2,810 shares of IRIDEX stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $8.30, for a total transaction of $23,323.00. Following the completion of the sale, the director now directly owns 39,441 shares of the company’s stock, valued at approximately $327,360. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
IRIDEX (NASDAQ:IRIX) traded down 0.98% on Wednesday, hitting $8.10. The stock had a trading volume of 7,545 shares. IRIDEX has a 1-year low of $5.72 and a 1-year high of $11.00. The stock’s 50-day moving average is $7.96 and its 200-day moving average is $8.5. The company has a market cap of $80.0 million and a price-to-earnings ratio of 50.81.
IRIDEX Corporation is a worldwide provider of therapeutic based laser systems, delivery devices and consumable instrumentation used to treat eye diseases in ophthalmology.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.