Insider Buying: Lewis C. Pell Purchases 22,900 Shares of Vision-Sciences Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell acquired 22,900 shares of Vision-Sciences stock on the open market in a transaction dated Tuesday, August 19th. The stock was purchased at an average cost of $0.98 per share, for a total transaction of $22,442.00. Following the completion of the acquisition, the director now directly owns 8,641,540 shares in the company, valued at approximately $8,468,709. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Vision-Sciences (NASDAQ:VSCI) opened at 0.95 on Thursday. 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 $1.05 and a 200-day moving average of $1.19. The company’s market cap is $43.9 million.
Vision-Sciences (NASDAQ:VSCI) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.04) EPS 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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