Yoav Zvi Waizer Acquires 10,000 Shares of Microbot Medical Inc (MBOT) Stock
Microbot Medical Inc (NASDAQ:MBOT) Director Yoav Zvi Waizer bought 10,000 shares of the stock in a transaction on Monday, December 4th. The shares were acquired at an average cost of $1.10 per share, for a total transaction of $11,000.00. Following the completion of the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at $11,000. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Microbot Medical Inc (MBOT) traded down $0.02 during trading on Wednesday, reaching $1.08. 427,700 shares of the company’s stock traded hands, compared to its average volume of 885,388. Microbot Medical Inc has a 52-week low of $1.00 and a 52-week high of $9.94.
A hedge fund recently raised its stake in Microbot Medical stock. Vanguard Group Inc. grew its holdings in Microbot Medical Inc (NASDAQ:MBOT) by 252.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 159,992 shares of the biotechnology company’s stock after purchasing an additional 114,561 shares during the quarter. Vanguard Group Inc. owned about 0.43% of Microbot Medical worth $228,000 as of its most recent filing with the SEC. 4.72% of the stock is owned by institutional investors.
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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