QT Imaging Holdings, Inc. (NASDAQ:QTI) Director Purchases $248,287.56 in Stock

QT Imaging Holdings, Inc. (NASDAQ:QTI) Director James S. Greene acquired 428,082 shares of QT Imaging stock in a transaction on Tuesday, November 12th. The stock was purchased at an average cost of $0.58 per share, with a total value of $248,287.56. Following the completion of the transaction, the director now directly owns 628,082 shares in the company, valued at $364,287.56. This represents a 214.04 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

QT Imaging Stock Performance

Shares of NASDAQ QTI opened at $0.57 on Friday. The stock’s 50 day moving average price is $0.63 and its 200-day moving average price is $0.67. QT Imaging Holdings, Inc. has a twelve month low of $0.41 and a twelve month high of $14.40.

Institutional Trading of QT Imaging

A number of hedge funds have recently bought and sold shares of QTI. Lynrock Lake LP bought a new stake in QT Imaging in the second quarter worth about $191,000. Atlas Merchant Capital LLC purchased a new stake in shares of QT Imaging during the 2nd quarter worth approximately $33,000. Virtu Financial LLC bought a new stake in shares of QT Imaging in the 1st quarter worth approximately $55,000. Finally, Oxford Financial Group LTD. LLC purchased a new position in QT Imaging in the first quarter valued at approximately $65,000. 24.19% of the stock is currently owned by institutional investors.

QT Imaging Company Profile

QT Imaging Holdings, Inc engages in the research, development, and commercialization of body imaging systems for detection, diagnosis, monitoring, and treatment of diseases. The company offers QT Ultrasound Breast Scanner, an ultrasonic imaging system that provides reflection-mode and transmission-mode images of a patient’s breast.