SANUWAVE Health, Inc. (NASDAQ:SNWV) Insider Sells $114,992.40 in Stock

SANUWAVE Health, Inc. (NASDAQ:SNWVGet Free Report) insider Iulian Cioanta sold 3,639 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $31.60, for a total transaction of $114,992.40. Following the transaction, the insider now directly owns 41 shares of the company’s stock, valued at $1,295.60. This trade represents a 98.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

SANUWAVE Health Price Performance

SNWV opened at $32.31 on Monday. The firm’s 50-day moving average is $31.52. SANUWAVE Health, Inc. has a 52 week low of $5.17 and a 52 week high of $39.50. The company has a market cap of $276.44 million, a P/E ratio of -7.09 and a beta of 1.25.

SANUWAVE Health (NASDAQ:SNWVGet Free Report) last released its quarterly earnings data on Friday, May 9th. The company reported ($0.66) EPS for the quarter. The business had revenue of $9.34 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. bought a new position in shares of SANUWAVE Health in the 1st quarter valued at about $337,000. AWM Investment Company Inc. bought a new position in shares of SANUWAVE Health in the 1st quarter valued at about $18,153,000. Solas Capital Management LLC bought a new position in shares of SANUWAVE Health in the 1st quarter valued at about $20,658,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of SANUWAVE Health in the 1st quarter valued at about $47,000. Institutional investors own 42.53% of the company’s stock.

SANUWAVE Health Company Profile

(Get Free Report)

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, and musculoskeletal and vascular structures.

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