Insider Selling: Marvin Arthur Sackner Sells 1,733,250 Shares of Non-Invasive Monitoring Systems Stock (NIMU)
Non-Invasive Monitoring Systems (NASDAQ:NIMU) Director Marvin Arthur Sackner sold 1,733,250 shares of Non-Invasive Monitoring Systems stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $0.11, for a total transaction of $190,657.50. Following the sale, the director now directly owns 15,000 shares in the company, valued at approximately $1,650. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Non-Invasive Monitoring Systems (NASDAQ:NIMU) remained flat at $0.14 during during mid-day trading trading on Monday. 10,000 shares of the company’s stock traded hands. Non-Invasive Monitoring Systems has a 52 week low of $0.12 and a 52 week high of $0.40. The stock has a 50-day moving average of $0.1 and a 200-day moving average of $0.19. The company’s market cap is $11.1 million.
Non-Invasive Monitoring Systems, Inc (NASDAQ:NIMU) along with its subsidiaries, is engaged in the research, development, manufacturing and marketing of a line of motorized, non-invasive, whole body, periodic acceleration platforms, which are intended as aids to increase local circulation and temporary relief of minor aches and pains, produce local muscle relaxation and reduce morning stiffness.
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