Baxano Surgical CEO Buys $3,800 in Stock (BAXS)
Baxano Surgical (NASDAQ:BAXS) CEO Kenneth Michael Reali acquired 10,000 shares of the stock in a transaction dated Friday, August 15th. The stock was purchased at an average cost of $0.38 per share, for a total transaction of $3,800.00. Following the purchase, the chief executive officer now directly owns 141,128 shares in the company, valued at approximately $53,629. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Baxano Surgical (NASDAQ:BAXS) opened at 0.3903 on Wednesday. Baxano Surgical has a one year low of $0.36 and a one year high of $1.99. The stock’s 50-day moving average is $0.49 and its 200-day moving average is $0.85. The company’s market cap is $18.9 million.
Baxano Surgical (NASDAQ:BAXS) last released its earnings data on Tuesday, August 5th. The company reported ($0.18) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.14) by $0.04. Analysts expect that Baxano Surgical will post $-0.58 EPS for the current fiscal year.
Baxano Surgical Inc, formerly TranS1 Inc, is a medical device company focused on designing, developing and marketing products that implement its approach to treat degenerative conditions of the spine affecting the lower lumbar region.
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