Michael Swinford Acquires 16,907 Shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) Stock

ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford purchased 16,907 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were bought at an average price of $1.83 per share, for a total transaction of $30,939.81. Following the completion of the transaction, the director now owns 43,418 shares of the company’s stock, valued at approximately $79,454.94. This trade represents a 63.77 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, November 25th, Michael Swinford acquired 21,622 shares of ReWalk Robotics stock. The shares were purchased at an average cost of $2.03 per share, with a total value of $43,892.66.
• On Wednesday, November 20th, Michael Swinford purchased 16,471 shares of ReWalk Robotics stock. The stock was purchased at an average cost of $1.84 per share, with a total value of $30,306.64.

ReWalk Robotics Trading Up 1.9 %

Shares of ReWalk Robotics stock opened at $2.10 on Thursday. The business’s 50-day moving average price is $2.54 and its 200-day moving average price is $3.49. The firm has a market capitalization of $18.50 million, a PE ratio of -0.84 and a beta of 2.07. ReWalk Robotics Ltd. has a 12 month low of $1.70 and a 12 month 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 the consensus estimate of ($0.27) by ($0.08). The business 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 period in the prior year, the business posted ($0.56) EPS. As a group, analysts predict that ReWalk Robotics Ltd. will post -1.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Institutional Trading of ReWalk Robotics

A hedge fund recently bought a new stake in ReWalk Robotics stock. Dimensional Fund Advisors LP acquired a new stake in shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,548 shares of the company’s stock, valued at approximately $54,000. Dimensional Fund Advisors LP owned about 0.16% of ReWalk Robotics at the end of the most recent quarter. 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.