FNY Investment Advisers LLC bought a new position in shares of Motus GI Holdings Inc (NASDAQ:MOTS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 147,500 shares of the company’s stock, valued at approximately $446,000. FNY Investment Advisers LLC owned 0.69% of Motus GI at the end of the most recent quarter.
Separately, Spark Investment Management LLC grew its position in Motus GI by 73.5% during the first quarter. Spark Investment Management LLC now owns 28,900 shares of the company’s stock worth $112,000 after buying an additional 12,245 shares during the period. 36.28% of the stock is currently owned by institutional investors.
In other news, Chairman David P. Hochman bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were purchased at an average price of $3.00 per share, for a total transaction of $30,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Larry N. Feinberg bought 1,031,666 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were purchased at an average price of $3.00 per share, for a total transaction of $3,094,998.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 2,059,332 shares of company stock worth $6,179,896. 18.14% of the stock is owned by company insiders.
MOTS stock opened at $2.71 on Friday. Motus GI Holdings Inc has a 12 month low of $2.34 and a 12 month high of $7.40. The firm has a 50 day simple moving average of $3.20. The company has a current ratio of 6.36, a quick ratio of 6.31 and a debt-to-equity ratio of 0.05.
Motus GI (NASDAQ:MOTS) last announced its earnings results on Friday, May 10th. The company reported ($0.29) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.29). Equities analysts anticipate that Motus GI Holdings Inc will post -1.14 EPS for the current fiscal year.
Motus GI Profile
Motus GI Holdings, Inc operates as a medical technology company to enhance the endoscopy outcomes and experiences in the United States and Israel. It focuses on the development and commercialization of the Pure-Vu system to enhance the colonoscopy experience and assist in the early detection and prevention of colorectal cancer and other diseases of the rectum and colon.
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