Michael Swinford Buys 16,471 Shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) Stock

ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford purchased 16,471 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were acquired at an average price of $1.84 per share, for a total transaction of $30,306.64. Following the completion of the acquisition, the director now directly owns 26,511 shares in the company, valued at approximately $48,780.24. This represents a 164.05 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Friday, November 22nd, Michael Swinford bought 16,907 shares of ReWalk Robotics stock. The shares were bought at an average cost of $1.83 per share, for a total transaction of $30,939.81.

ReWalk Robotics Stock Performance

Shares of NASDAQ:LFWD opened at $2.06 on Wednesday. The firm has a market cap of $18.14 million, a P/E ratio of -0.83 and a beta of 2.07. ReWalk Robotics Ltd. has a 52-week low of $1.70 and a 52-week high of $9.10. The business’s 50 day simple moving average is $2.56 and its two-hundred day simple moving average is $3.50.

ReWalk Robotics (NASDAQ:LFWD) last issued its earnings results on Tuesday, November 12th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.08). The firm had revenue of $6.13 million during the quarter, compared to the consensus estimate of $8.38 million. ReWalk Robotics had a negative return on equity of 43.02% and a negative net margin of 77.21%. During the same quarter in the prior year, the business earned ($0.56) earnings per share. On average, equities analysts forecast that ReWalk Robotics Ltd. will post -1.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On ReWalk Robotics

An institutional investor recently bought a new position in ReWalk Robotics stock. Dimensional Fund Advisors LP acquired a new position in shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 13,548 shares of the company’s stock, valued at approximately $54,000. Dimensional Fund Advisors LP owned approximately 0.16% of ReWalk Robotics as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other 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.