Mobia Medical, Inc. (NASDAQ:MOBI – Get Free Report) Director William Harrington acquired 533,333 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was purchased at an average cost of $15.00 per share, with a total value of $7,999,995.00. Following the completion of the acquisition, the director directly owned 2,006,716 shares of the company’s stock, valued at approximately $30,100,740. This trade represents a 36.20% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Mobia Medical Trading Up 2.1%
Shares of MOBI stock traded up $0.25 during trading hours on Monday, hitting $12.00. The stock had a trading volume of 370,843 shares. The company 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 twelve month low of $10.19 and a twelve month high of $14.00.
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