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

ReWalk Robotics Ltd. (NASDAQ:LFWD) Director Michael Swinford bought 21,622 shares of the stock in a transaction dated Monday, November 25th. The stock was acquired at an average price of $2.03 per share, with a total value 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 represents a 49.80 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

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

ReWalk Robotics Stock Performance

NASDAQ LFWD opened at $2.10 on Thursday. The stock has a market capitalization of $18.50 million, a P/E ratio of -0.84 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 stock has a fifty day moving average of $2.54 and a 200-day moving average of $3.49.

ReWalk Robotics (NASDAQ:LFWD) last announced its quarterly earnings data 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 analyst estimates 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 previous year, the business earned ($0.56) earnings per share. Equities research analysts forecast that ReWalk Robotics Ltd. will post -1.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and set 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

A hedge fund recently bought a new stake in ReWalk Robotics stock. Dimensional Fund Advisors LP bought a new position in shares of ReWalk Robotics Ltd. (NASDAQ:LFWD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 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 and Exchange Commission. 26.76% of the stock is currently owned by institutional investors.

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.