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

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

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

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

ReWalk Robotics Price Performance

NASDAQ:LFWD opened at $2.06 on Wednesday. The business’s 50-day moving average is $2.56 and its two-hundred day moving average is $3.50. ReWalk Robotics Ltd. has a 12 month low of $1.70 and a 12 month high of $9.10.

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

Analyst Ratings Changes

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

Institutional Trading of ReWalk Robotics

An institutional investor recently bought a new position in ReWalk Robotics stock. Dimensional Fund Advisors LP bought a new stake in shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 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 reporting period. Institutional investors own 26.76% of the company’s stock.

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.