Michael Swinford Buys 16,907 Shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) Stock

ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford bought 16,907 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were purchased at an average cost of $1.83 per share, for a total transaction of $30,939.81. Following the transaction, the director now owns 43,418 shares in the company, valued at approximately $79,454.94. This represents a 63.77 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Michael Swinford also recently made the following trade(s):

• On Monday, November 25th, Michael Swinford purchased 21,622 shares of ReWalk Robotics stock. The shares were acquired at an average price of $2.03 per share, for a total transaction of $43,892.66.
• On Wednesday, November 20th, Michael Swinford acquired 16,471 shares of ReWalk Robotics stock. The stock was acquired at an average price of $1.84 per share, with a total value of $30,306.64.

ReWalk Robotics Trading Up 1.9 %

ReWalk Robotics stock opened at $2.10 on Thursday. The business’s 50 day simple moving average is $2.54 and its 200 day simple moving average is $3.49. ReWalk Robotics Ltd. has a 12 month low of $1.70 and a 12 month high of $9.10. The company has a market cap of $18.50 million, a price-to-earnings ratio of -0.84 and a beta of 2.07.

ReWalk Robotics (NASDAQ:LFWD) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.08). ReWalk Robotics had a negative return on equity of 43.02% and a negative net margin of 77.21%. The firm had revenue of $6.13 million for the quarter, compared to the consensus estimate of $8.38 million. During the same quarter in the previous year, the company posted ($0.56) EPS. As a group, equities research analysts forecast that ReWalk Robotics Ltd. will post -1.78 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ReWalk Robotics

An institutional investor recently bought a new position in ReWalk Robotics stock. Dimensional Fund Advisors LP acquired a new stake in ReWalk Robotics Ltd. (NASDAQ:LFWD) in the second quarter, according to its most recent filing with the SEC. The fund acquired 13,548 shares of the company’s stock, valued at approximately $54,000. Dimensional Fund Advisors LP owned approximately 0.16% of ReWalk Robotics at the end of the most recent quarter. Institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

Separately, HC Wainwright restated a “buy” rating and set a $13.00 price target on shares of ReWalk Robotics in a research report on Wednesday, November 13th.

About ReWalk Robotics

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes technologies that enable mobility and wellness in rehabilitation and daily life for individuals with physical and neurological conditions in the United States, Europe, the Asia-Pacific, and internationally. It offers ReWalk personal exoskeleton and rehabilitation exoskeleton devices; ReStore, a soft exo-suit intended for use in the rehabilitation of individuals with lower limb disability due to stroke; AlterG Anti-Gravity System for use in physical and neurological rehabilitation and athletic training; MyoCycle devices; and ReBoot, a personal soft exo-suit for home and community use by individuals post-stroke.