Modular Medical, Inc. (NASDAQ:MODD) Director Buys $35,280.00 in Stock

Modular Medical, Inc. (NASDAQ:MODD) Director Manchester Management Co Llc purchased 21,000 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were acquired at an average price of $1.68 per share, with a total value of $35,280.00. Following the completion of the transaction, the director now owns 265,750 shares of the company’s stock, valued at approximately $446,460. This trade represents a 8.58 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Manchester Management Co Llc also recently made the following trade(s):

• On Wednesday, November 27th, Manchester Management Co Llc bought 100,000 shares of Modular Medical stock. The stock was acquired at an average cost of $1.69 per share, for a total transaction of $169,000.00.
• On Thursday, November 21st, Manchester Management Co Llc bought 166,666 shares of Modular Medical stock. The stock was acquired at an average cost of $1.50 per share, for a total transaction of $249,999.00.

Modular Medical Price Performance

NASDAQ MODD opened at $1.69 on Friday. Modular Medical, Inc. has a 1 year low of $1.08 and a 1 year high of $2.65. The business’s 50-day moving average is $2.08 and its 200 day moving average is $1.85.

Institutional Trading of Modular Medical

Large investors have recently modified their holdings of the business. Bard Associates Inc. grew its stake in shares of Modular Medical by 81.4% in the third quarter. Bard Associates Inc. now owns 1,462,930 shares of the company’s stock worth $3,292,000 after purchasing an additional 656,330 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Modular Medical in the second quarter worth about $40,000. Corsair Capital Management L.P. lifted its holdings in Modular Medical by 13.6% in the third quarter. Corsair Capital Management L.P. now owns 537,363 shares of the company’s stock worth $1,209,000 after buying an additional 64,393 shares during the period. Geode Capital Management LLC lifted its holdings in Modular Medical by 45.0% in the third quarter. Geode Capital Management LLC now owns 306,440 shares of the company’s stock worth $690,000 after buying an additional 95,072 shares during the period. Finally, State Street Corp lifted its holdings in Modular Medical by 285.8% in the third quarter. State Street Corp now owns 76,000 shares of the company’s stock worth $171,000 after buying an additional 56,300 shares during the period. 27.47% of the stock is owned by institutional investors.

Modular Medical Company Profile

Modular Medical, Inc operates as a medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for type-1 and type-2 diabetes. The company is headquartered in San Diego, California.