Insider Selling: Garrett A. Garrettson Sells 2,810 Shares of IRIDEX Stock (IRIX)
IRIDEX (NASDAQ:IRIX) Director Garrett A. Garrettson sold 2,810 shares of the stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $8.30, for a total value of $23,323.00. Following the sale, the director now directly owns 39,441 shares in the company, valued at approximately $327,360. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of IRIDEX (NASDAQ:IRIX) traded up 0.76% during mid-day trading on Thursday, hitting $8.00. 100 shares of the company’s stock traded hands. IRIDEX has a 52 week low of $5.72 and a 52 week high of $11.00. The stock has a 50-day moving average of $7.95 and a 200-day moving average of $8.4. The company has a market cap of $79.0 million and a P/E ratio of 49.32.
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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