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.
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