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

ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford purchased 16,907 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average price of $1.83 per share, for a total transaction of $30,939.81. Following the acquisition, the director now owns 43,418 shares in the company, valued at approximately $79,454.94. This trade represents a 63.77 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Wednesday, November 20th, Michael Swinford bought 16,471 shares of ReWalk Robotics stock. The shares were bought at an average price of $1.84 per share, for a total transaction of $30,306.64.

ReWalk Robotics Trading Down 0.5 %

Shares of NASDAQ:LFWD opened at $2.06 on Wednesday. ReWalk Robotics Ltd. has a one year low of $1.70 and a one year high of $9.10. The business’s fifty day moving average price is $2.56 and its two-hundred day moving average price is $3.50.

ReWalk Robotics (NASDAQ:LFWD) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $6.13 million for the quarter, compared to analysts’ expectations of $8.38 million. During the same period in the prior year, the company earned ($0.56) EPS. As a group, sell-side analysts expect that ReWalk Robotics Ltd. will post -1.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ReWalk Robotics stock. Dimensional Fund Advisors LP bought a new position in ReWalk Robotics Ltd. (NASDAQ:LFWD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,548 shares of the company’s stock, valued at approximately $54,000. Dimensional Fund Advisors LP owned 0.16% of ReWalk Robotics at the end of the most recent quarter. 26.76% of the stock is currently owned by institutional investors.

ReWalk Robotics Company Profile

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.