Insider Buying: Mobia Medical (NASDAQ:MOBI) Director Buys $7,999,995.00 in Stock

Mobia Medical, Inc. (NASDAQ:MOBIGet Free Report) Director William Harrington purchased 533,333 shares of Mobia Medical stock in a transaction dated Monday, May 11th. The stock was bought at an average cost of $15.00 per share, for a total transaction of $7,999,995.00. Following the completion of the purchase, the director directly owned 2,006,716 shares in the company, valued at approximately $30,100,740. This trade represents a 36.20% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Mobia Medical Price Performance

NASDAQ:MOBI opened at $12.11 on Thursday. Mobia Medical, Inc. has a fifty-two week low of $10.19 and a fifty-two week high of $14.00. The company has a market cap of $341.87 million, a P/E ratio of 67.28 and a beta of 2.84.

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