Louis A. Cannon Buys 10,000 Shares of Corindus Vascular Robotics Inc (CVRS) Stock

Corindus Vascular Robotics Inc (NYSEAMERICAN:CVRS) Director Louis A. Cannon purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, March 27th. The shares were acquired at an average price of $1.80 per share, for a total transaction of $18,000.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of CVRS traded down $0.03 during trading hours on Friday, reaching $2.05. 540,826 shares of the stock traded hands, compared to its average volume of 975,298. Corindus Vascular Robotics Inc has a 52-week low of $0.70 and a 52-week high of $2.54.

Corindus Vascular Robotics (NYSEAMERICAN:CVRS) last announced its quarterly earnings results on Tuesday, March 12th. The medical equipment provider reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The company had revenue of $4.67 million during the quarter, compared to analysts’ expectations of $5.60 million.

Institutional investors have recently bought and sold shares of the company. Canton Hathaway LLC bought a new stake in shares of Corindus Vascular Robotics in the 1st quarter worth about $63,000. Jane Street Group LLC bought a new position in Corindus Vascular Robotics during the 4th quarter valued at about $36,000. HRT Financial LLC bought a new position in Corindus Vascular Robotics during the 4th quarter valued at about $44,000. Virtu Financial LLC bought a new position in Corindus Vascular Robotics during the 4th quarter valued at about $64,000. Finally, Citadel Advisors LLC grew its holdings in Corindus Vascular Robotics by 205.4% during the 3rd quarter. Citadel Advisors LLC now owns 115,728 shares of the medical equipment provider’s stock valued at $164,000 after purchasing an additional 77,829 shares during the last quarter.

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Corindus Vascular Robotics Company Profile

Corindus Vascular Robotics, Inc designs, manufactures, and sells robotic-assisted precision vascular systems for use in interventional vascular procedures in the United States and internationally. The company offers CorPath system, a medical device with robotic-assisted precision for radial, coronary, and peripheral procedures.

See Also: Price to Earnings Ratio (PE) Basics

Insider Buying and Selling by Quarter for Corindus Vascular Robotics (NYSEAMERICAN:CVRS)

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