Insider Selling: IRIDEX VP Sells 1,650 Shares of Stock (IRIX)
IRIDEX (NASDAQ:IRIX) VP Ronald Steckel unloaded 1,650 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $8.00, for a total transaction of $13,200.00. Following the sale, the vice president now directly owns 1,964 shares in the company, valued at approximately $15,712. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
IRIDEX (NASDAQ:IRIX) traded up 0.76% on Tuesday, hitting $7.96. The stock had a trading volume of 25,101 shares. 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 $7.91 and a 200-day moving average of $8.48. The company has a market cap of $78.6 million and a P/E ratio of 49.07.
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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