Michael Swinford Buys 21,622 Shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) Stock

ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford acquired 21,622 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were purchased at an average price of $2.03 per share, with a total value of $43,892.66. Following the acquisition, the director now owns 65,040 shares of the company’s stock, valued at approximately $132,031.20. This represents a 49.80 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, November 22nd, Michael Swinford bought 16,907 shares of ReWalk Robotics stock. The stock was purchased at an average price of $1.83 per share, for a total transaction of $30,939.81.
• On Wednesday, November 20th, Michael Swinford purchased 16,471 shares of ReWalk Robotics stock. The shares were acquired at an average price of $1.84 per share, with a total value of $30,306.64.

ReWalk Robotics Stock Performance

LFWD stock opened at $2.07 on Friday. The company has a market capitalization of $18.24 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 has a 50-day simple moving average of $2.50 and a two-hundred day simple moving average of $3.46.

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

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 shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) during the 2nd quarter, according to the company in its most recent Form 13F filing 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 approximately 0.16% of ReWalk Robotics as of its most recent SEC filing. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

About ReWalk Robotics

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.