Microbot Medical Inc. (MBOT) Director Sells $63,600.00 in Stock
Microbot Medical Inc. (NASDAQ:MBOT) Director Yoseph Bornstein sold 53,000 shares of Microbot Medical stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $1.20, for a total value of $63,600.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Yoseph Bornstein also recently made the following trade(s):
- On Tuesday, September 26th, Yoseph Bornstein sold 50,000 shares of Microbot Medical stock. The stock was sold at an average price of $1.24, for a total value of $62,000.00.
- On Tuesday, September 19th, Yoseph Bornstein sold 50,000 shares of Microbot Medical stock. The stock was sold at an average price of $1.18, for a total value of $59,000.00.
- On Tuesday, September 12th, Yoseph Bornstein sold 20,000 shares of Microbot Medical stock. The stock was sold at an average price of $1.12, for a total value of $22,400.00.
- On Wednesday, September 6th, Yoseph Bornstein sold 45,610 shares of Microbot Medical stock. The stock was sold at an average price of $1.01, for a total value of $46,066.10.
Shares of Microbot Medical Inc. (NASDAQ:MBOT) remained flat at $1.37 on Thursday. The company had a trading volume of 4,604,074 shares. The stock’s market cap is $60.34 million. The company’s 50 day moving average price is $1.13 and its 200-day moving average price is $2.66. Microbot Medical Inc. has a 1-year low of $1.00 and a 1-year high of $15.66.
Microbot Medical (NASDAQ:MBOT) last released its earnings results on Monday, August 14th. The biotechnology company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.44. Equities research analysts expect that Microbot Medical Inc. will post ($25.02) EPS for the current fiscal year.
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A number of hedge funds have recently added to or reduced their stakes in the stock. Sabby Management LLC acquired a new stake in Microbot Medical during the second quarter valued at approximately $1,825,000. Vanguard Group Inc. lifted its stake in Microbot Medical by 252.2% during the second quarter. Vanguard Group Inc. now owns 159,992 shares of the biotechnology company’s stock valued at $228,000 after purchasing an additional 114,561 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in Microbot Medical by 90,909.1% during the first quarter. Bank of Montreal Can now owns 20,022 shares of the biotechnology company’s stock valued at $116,000 after purchasing an additional 20,000 shares during the last quarter. 4.72% of the stock is owned by institutional investors and hedge funds.
Microbot Medical Company Profile
Microbot Medical Inc, formerly StemCells, Inc, is a medical device company. The Company specializes in the researching, designing, developing and commercializing transformational micro-robotic medical technologies leveraging the artificial and natural lumens within the human body. It is engaged in developing its two product candidates: the Self Cleaning Shunt (SCS) for the treatment of hydrocephalus and normal pressure hydrocephalus (NPH), and TipCAT, a self-propelling, semi-disposable endoscope that the Company is developing for use in colonoscopy procedures.
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