ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford Purchases 21,622 Shares

ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford acquired 21,622 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average cost of $2.03 per share, for a total transaction of $43,892.66. Following the completion of the purchase, the director now owns 65,040 shares of the company’s stock, valued at $132,031.20. This trade represents a 49.80 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

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

ReWalk Robotics Stock Performance

LFWD opened at $2.10 on Friday. The stock’s 50 day simple moving average is $2.52 and its 200 day simple moving average is $3.48. ReWalk Robotics Ltd. has a 1 year low of $1.70 and a 1 year high of $9.10.

ReWalk Robotics (NASDAQ:LFWD) last released its earnings results on Tuesday, November 12th. The company reported ($0.35) 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 analysts’ expectations 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 in the previous year, the business earned ($0.56) EPS. Analysts expect that ReWalk Robotics Ltd. will post -1.78 EPS for the current fiscal year.

Institutional Trading of ReWalk Robotics

A hedge fund recently bought a new stake in ReWalk Robotics stock. Dimensional Fund Advisors LP purchased a new stake in shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 13,548 shares of the company’s stock, valued at approximately $54,000. Dimensional Fund Advisors LP owned 0.16% of ReWalk Robotics as of its most recent filing with the Securities & Exchange Commission. 26.76% of the stock is currently owned by institutional investors and hedge funds.

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 report on Wednesday, November 13th.

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.