Insider Buying: Vision-Sciences Director Acquires 43,420 Shares of Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell bought 43,420 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average price of $0.91 per share, for a total transaction of $39,512.20. Following the completion of the acquisition, the director now directly owns 8,618,640 shares in the company, valued at approximately $7,842,962. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Vision-Sciences (NASDAQ:VSCI) traded up 3.14% on Thursday, hitting $0.921. 121,946 shares of the company’s stock traded hands. Vision-Sciences has a 52 week low of $0.78 and a 52 week high of $1.75. The stock has a 50-day moving average of $1.08 and a 200-day moving average of $1.20. The company’s market cap is $42.6 million.
Vision-Sciences (NASDAQ:VSCI) last posted its quarterly earnings results on Monday, August 4th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $3.75 million for the quarter, compared to the consensus estimate of $3.65 million.
Vision-Sciences, Inc designs, develops, manufactures, and markets products for endoscopy – the science of using an instrument, known as an endoscope, to provide minimally invasive access to areas not readily visible to the human eye.
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