Manchester Management Co Llc Buys 21,000 Shares of Modular Medical, Inc. (NASDAQ:MODD) Stock

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

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

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

Modular Medical Stock Performance

Shares of MODD stock opened at $1.68 on Thursday. Modular Medical, Inc. has a 12 month low of $1.08 and a 12 month high of $2.65. The company’s fifty day moving average price is $2.10 and its 200-day moving average price is $1.85.

Institutional Trading of Modular Medical

A number of hedge funds have recently modified their holdings of the business. Bard Associates Inc. boosted its holdings in shares of Modular Medical by 81.4% during the 3rd quarter. Bard Associates Inc. now owns 1,462,930 shares of the company’s stock valued at $3,292,000 after buying an additional 656,330 shares in the last quarter. Corsair Capital Management L.P. raised its position in shares of Modular Medical by 13.6% in the 3rd quarter. Corsair Capital Management L.P. now owns 537,363 shares of the company’s stock worth $1,209,000 after purchasing an additional 64,393 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Modular Medical by 45.0% in the 3rd quarter. Geode Capital Management LLC now owns 306,440 shares of the company’s stock worth $690,000 after purchasing an additional 95,072 shares during the last quarter. State Street Corp raised its position in shares of Modular Medical by 285.8% in the 3rd quarter. State Street Corp now owns 76,000 shares of the company’s stock worth $171,000 after purchasing an additional 56,300 shares during the last quarter. Finally, Walleye Capital LLC raised its position in shares of Modular Medical by 299.8% in the 3rd quarter. Walleye Capital LLC now owns 75,418 shares of the company’s stock worth $170,000 after purchasing an additional 56,552 shares during the last quarter. Institutional investors own 27.47% of the company’s stock.

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.