ReWalk Robotics Ltd. (NASDAQ:RWLK) Major Shareholder Global Fund Lp Lind II Purchases 39,454 Shares

ReWalk Robotics Ltd. (NASDAQ:RWLKGet Rating) major shareholder Global Fund Lp Lind II acquired 39,454 shares of the business’s stock in a transaction dated Wednesday, November 9th. The shares were bought at an average price of $0.90 per share, for a total transaction of $35,508.60. Following the acquisition, the insider now owns 4,633,916 shares of the company’s stock, valued at $4,170,524.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Global Fund Lp Lind II also recently made the following trade(s):

  • On Friday, November 11th, Global Fund Lp Lind II purchased 264,625 shares of ReWalk Robotics stock. The shares were bought at an average price of $0.92 per share, for a total transaction of $243,455.00.
  • On Tuesday, November 1st, Global Fund Lp Lind II acquired 15,000 shares of ReWalk Robotics stock. The shares were bought at an average cost of $0.97 per share, for a total transaction of $14,550.00.
  • On Friday, October 28th, Global Fund Lp Lind II purchased 11,800 shares of ReWalk Robotics stock. The shares were purchased at an average cost of $0.95 per share, with a total value of $11,210.00.
  • On Monday, October 17th, Global Fund Lp Lind II acquired 21,844 shares of ReWalk Robotics stock. The stock was purchased at an average cost of $0.84 per share, for a total transaction of $18,348.96.
  • On Thursday, October 13th, Global Fund Lp Lind II bought 17,394 shares of ReWalk Robotics stock. The shares were purchased at an average cost of $0.79 per share, with a total value of $13,741.26.
  • On Monday, October 10th, Global Fund Lp Lind II purchased 49,478 shares of ReWalk Robotics stock. The shares were acquired at an average cost of $0.83 per share, with a total value of $41,066.74.
  • On Friday, October 7th, Global Fund Lp Lind II acquired 122,952 shares of ReWalk Robotics stock. The stock was acquired at an average cost of $0.86 per share, for a total transaction of $105,738.72.
  • On Monday, October 3rd, Global Fund Lp Lind II bought 652 shares of ReWalk Robotics stock. The shares were acquired at an average cost of $0.91 per share, with a total value of $593.32.
  • On Friday, September 30th, Global Fund Lp Lind II purchased 1,835 shares of ReWalk Robotics stock. The stock was acquired at an average cost of $0.84 per share, for a total transaction of $1,541.40.
  • On Monday, September 26th, Global Fund Lp Lind II acquired 25,252 shares of ReWalk Robotics stock. The shares were bought at an average price of $0.83 per share, with a total value of $20,959.16.

ReWalk Robotics Stock Performance

NASDAQ:RWLK opened at $0.87 on Tuesday. ReWalk Robotics Ltd. has a 52 week low of $0.79 and a 52 week high of $1.60. The stock’s 50-day moving average price is $0.90 and its 200-day moving average price is $0.96.

Wall Street Analyst Weigh In

Several research firms recently commented on RWLK. HC Wainwright dropped their target price on ReWalk Robotics from $3.50 to $2.50 and set a “buy” rating on the stock in a report on Wednesday, August 10th. StockNews.com initiated coverage on shares of ReWalk Robotics in a report on Monday, October 17th. They set a “sell” rating for the company.

Hedge Funds Weigh In On ReWalk Robotics

A number of hedge funds have recently bought and sold shares of the business. Advisor Group Holdings Inc. raised its stake in shares of ReWalk Robotics by 12.2% during the 1st quarter. Advisor Group Holdings Inc. now owns 1,038,207 shares of the medical device company’s stock worth $1,204,000 after buying an additional 112,875 shares during the period. Millennium Management LLC increased its holdings in ReWalk Robotics by 78.6% in the 2nd quarter. Millennium Management LLC now owns 138,282 shares of the medical device company’s stock worth $130,000 after acquiring an additional 60,859 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in ReWalk Robotics by 13.7% during the third quarter. Renaissance Technologies LLC now owns 109,600 shares of the medical device company’s stock worth $97,000 after acquiring an additional 13,200 shares during the period. Hedge funds and other institutional investors own 4.98% of the company’s stock.

ReWalk Robotics Company Profile

(Get Rating)

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes robotic exoskeletons for individuals with mobility impairments or other medical conditions in the United States, Europe, the Asia-Pacific, and Africa. The company offers ReWalk Personal and ReWalk Rehabilitation for spinal cord injuries and everyday use by paraplegic individuals at home and in communities; ReStore, a soft exo-suit intended for use in the rehabilitation of individuals with lower limb disability due to stroke in the clinical rehabilitation environment; and MyoCycle and MediTouch tutor movement biofeedback devices for use at home or in clinic.

Further Reading

Insider Buying and Selling by Quarter for ReWalk Robotics (NASDAQ:RWLK)

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