Insider Buying: Lewis C. Pell Buys 10,000 Shares of Vision-Sciences Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell acquired 10,000 shares of the stock in a transaction dated Wednesday, August 27th. The shares were purchased at an average cost of $0.92 per share, for a total transaction of $9,200.00. Following the completion of the purchase, the director now directly owns 8,681,540 shares of the company’s stock, valued at approximately $7,987,017. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Vision-Sciences (NASDAQ:VSCI) opened at 0.928 on Monday. Vision-Sciences has a one year low of $0.78 and a one year high of $1.75. The stock has a 50-day moving average of $1.01 and a 200-day moving average of $1.1. The company’s market cap is $43.0 million.
Vision-Sciences (NASDAQ:VSCI) last posted its quarterly earnings results on Monday, August 4th. The company reported ($0.04) earnings per share (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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.