Stanley Tyler Hollmig Buys 250,000 Shares of Venus Concept Inc. (NASDAQ:VERO) Stock

Venus Concept Inc. (NASDAQ:VEROGet Rating) Director Stanley Tyler Hollmig acquired 250,000 shares of the company’s stock in a transaction on Friday, November 18th. The shares were bought at an average price of $0.20 per share, for a total transaction of $50,000.00. Following the completion of the purchase, the director now owns 290,000 shares in the company, valued at approximately $58,000. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Venus Concept Stock Up 60.0 %

NASDAQ VERO opened at $0.35 on Thursday. Venus Concept Inc. has a one year low of $0.15 and a one year high of $2.21. The company has a current ratio of 2.74, a quick ratio of 1.92 and a debt-to-equity ratio of 7.75. The business’s fifty day moving average is $0.33 and its 200-day moving average is $0.48.

Venus Concept (NASDAQ:VEROGet Rating) last released its earnings results on Thursday, November 10th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.10). The business had revenue of $21.54 million for the quarter. Venus Concept had a negative return on equity of 140.67% and a negative net margin of 35.36%. As a group, equities research analysts anticipate that Venus Concept Inc. will post -0.65 earnings per share for the current year.

Institutional Investors Weigh In On Venus Concept

Large investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC purchased a new stake in Venus Concept in the 1st quarter worth about $31,000. Essex Investment Management Co. LLC purchased a new stake in Venus Concept in the 1st quarter worth about $55,000. Bank of New York Mellon Corp grew its holdings in shares of Venus Concept by 140.2% during the first quarter. Bank of New York Mellon Corp now owns 86,578 shares of the company’s stock worth $124,000 after purchasing an additional 50,530 shares in the last quarter. Prelude Capital Management LLC grew its holdings in shares of Venus Concept by 73.4% during the first quarter. Prelude Capital Management LLC now owns 177,246 shares of the company’s stock worth $253,000 after purchasing an additional 75,000 shares in the last quarter. Finally, Divisadero Street Capital Management LP grew its holdings in shares of Venus Concept by 2.5% during the first quarter. Divisadero Street Capital Management LP now owns 1,100,000 shares of the company’s stock worth $1,573,000 after purchasing an additional 27,285 shares in the last quarter. Hedge funds and other institutional investors own 51.05% of the company’s stock.

Venus Concept Company Profile

(Get Rating)

Venus Concept Inc, a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. Its product portfolio includes aesthetic device platforms, including Venus Legacy, a noninvasive device used in dermatological and general surgical procedures for females; Venus Versa, a multi-application device used in aesthetic and cosmetic procedures; and Venus Viva, an advanced, portable, and fractional RF system for dermatological procedures requiring ablation and resurfacing of the skin.

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Insider Buying and Selling by Quarter for Venus Concept (NASDAQ:VERO)

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