Mobia Medical, Inc. (NASDAQ:MOBI – Get Free Report) Director William Harrington purchased 533,333 shares of the company’s stock in a transaction on Monday, May 11th. The stock was bought at an average price of $15.00 per share, for a total transaction of $7,999,995.00. Following the completion of the purchase, the director directly owned 2,006,716 shares of the company’s stock, valued at $30,100,740. The trade was a 36.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Mobia Medical Stock Up 2.1%
Mobia Medical stock traded up $0.25 during mid-day trading on Monday, hitting $12.00. The company had a trading volume of 370,843 shares. The firm has a market capitalization of $338.76 million, a P/E ratio of 66.67 and a beta of 2.84. Mobia Medical, Inc. has a 1 year low of $10.19 and a 1 year high of $14.00.
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