Insider Buying: Stereotaxis, Inc. (NYSEAMERICAN:STXS) Director Buys 38,000 Shares of Stock

Stereotaxis, Inc. (NYSEAMERICAN:STXS) Director Paul J. Isaac bought 38,000 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of $1.81 per share, for a total transaction of $68,780.00. Following the completion of the purchase, the director now owns 87,299 shares of the company’s stock, valued at $158,011.19. This trade represents a 77.08 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Stereotaxis Trading Up 1.1 %

Stereotaxis stock traded up $0.02 during trading hours on Tuesday, reaching $1.79. The stock had a trading volume of 785,014 shares, compared to its average volume of 461,650. The company’s fifty day simple moving average is $2.26. Stereotaxis, Inc. has a 52 week low of $1.66 and a 52 week high of $3.29. The stock has a market cap of $151.67 million, a PE ratio of -6.39 and a beta of 1.54.

Institutional Trading of Stereotaxis

Several large investors have recently modified their holdings of the business. ProShare Advisors LLC lifted its holdings in Stereotaxis by 53.6% in the 4th quarter. ProShare Advisors LLC now owns 15,913 shares of the company’s stock worth $36,000 after buying an additional 5,556 shares during the period. Two Sigma Securities LLC bought a new position in shares of Stereotaxis during the fourth quarter valued at approximately $54,000. SG Americas Securities LLC raised its holdings in shares of Stereotaxis by 39.2% during the fourth quarter. SG Americas Securities LLC now owns 26,360 shares of the company’s stock valued at $60,000 after acquiring an additional 7,417 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Stereotaxis by 53.7% in the fourth quarter. Wells Fargo & Company MN now owns 26,915 shares of the company’s stock valued at $61,000 after acquiring an additional 9,403 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in Stereotaxis by 26.9% in the third quarter. Jane Street Group LLC now owns 29,773 shares of the company’s stock valued at $61,000 after acquiring an additional 6,313 shares in the last quarter. 45.35% of the stock is owned by institutional investors.

About Stereotaxis

Stereotaxis, Inc designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory in the United States and internationally. Its robotic magnetic navigation (RMN) systems include the Genesis RMN and Niobe systems, which enable physicians to complete complex interventional procedures by providing image-guided delivery of catheters and guidewires through the blood vessels and chambers of the heart to treatment sites.