Insider Buying: InfuSystem Holdings CEO Purchases $41,250 in Stock (INFU)
InfuSystem Holdings (NASDAQ:INFU) CEO Eric K. Steen purchased 15,000 shares of InfuSystem Holdings stock in a transaction dated Wednesday, August 27th. The stock was purchased at an average price of $2.75 per share, with a total value of $41,250.00. Following the purchase, the chief executive officer now directly owns 71,184 shares in the company, valued at approximately $195,756. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
InfuSystem Holdings (NASDAQ:INFU) traded up 1.08% during mid-day trading on Wednesday, hitting $2.81. The stock had a trading volume of 150,156 shares. InfuSystem Holdings has a 52-week low of $1.27 and a 52-week high of $3.05. The stock’s 50-day moving average is $2.75 and its 200-day moving average is $2.74. The company has a market cap of $62.9 million and a P/E ratio of 20.44.
InfuSystem Holdings (NASDAQ:INFU) last announced its earnings results on Friday, August 1st. The company reported $0.04 earnings per share for the quarter. On average, analysts predict that InfuSystem Holdings will post $0.18 earnings per share for the current fiscal year.
Infusystem Holdings, Inc, incorporated on August 15, 2005, is a provider of ambulatory infusion pump management services for oncologists in the United States.
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