WORK Medical Technology Group (NASDAQ:WOK) Major Shareholder Purchases $44,022.80 in Stock

WORK Medical Technology Group LTD (NASDAQ:WOKGet Free Report) major shareholder Financial Lp Hrt purchased 880,456 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was bought at an average price of $0.05 per share, for a total transaction of $44,022.80. Following the acquisition, the insider owned 1,271,912 shares in the company, valued at $63,595.60. The trade was a 224.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Thursday, June 18th, Financial Lp Hrt sold 136,665 shares of WORK Medical Technology Group stock. The shares were sold at an average price of $3.87, for a total transaction of $528,893.55.
  • On Tuesday, June 16th, Financial Lp Hrt sold 29,045 shares of WORK Medical Technology Group stock. The stock was sold at an average price of $6.00, for a total value of $174,270.00.
  • On Monday, June 15th, Financial Lp Hrt bought 2,689 shares of WORK Medical Technology Group stock. The stock was purchased at an average cost of $10.00 per share, for a total transaction of $26,890.00.
  • On Friday, June 12th, Financial Lp Hrt bought 481 shares of WORK Medical Technology Group stock. The stock was purchased at an average cost of $8.00 per share, for a total transaction of $3,848.00.
  • On Monday, June 8th, Financial Lp Hrt bought 22,611 shares of WORK Medical Technology Group stock. The stock was purchased at an average price of $11.00 per share, for a total transaction of $248,721.00.
  • On Friday, June 5th, Financial Lp Hrt purchased 545 shares of WORK Medical Technology Group stock. The shares were purchased at an average cost of $9.00 per share, with a total value of $4,905.00.
  • On Thursday, June 4th, Financial Lp Hrt purchased 13,700 shares of WORK Medical Technology Group stock. The shares were purchased at an average cost of $10.00 per share, with a total value of $137,000.00.
  • On Tuesday, June 2nd, Financial Lp Hrt sold 17,579 shares of WORK Medical Technology Group stock. The stock was sold at an average price of $11.00, for a total value of $193,369.00.
  • On Monday, June 1st, Financial Lp Hrt acquired 27,463 shares of WORK Medical Technology Group stock. The stock was purchased at an average price of $14.00 per share, for a total transaction of $384,482.00.
  • On Friday, May 29th, Financial Lp Hrt sold 26,196 shares of WORK Medical Technology Group stock. The shares were sold at an average price of $10.00, for a total value of $261,960.00.

WORK Medical Technology Group Stock Performance

Shares of NASDAQ WOK traded down $0.43 during midday trading on Tuesday, hitting $2.62. The stock had a trading volume of 414,657 shares, compared to its average volume of 403,286. WORK Medical Technology Group LTD has a 1-year low of $1.78 and a 1-year high of $930,000.00. The company has a fifty day moving average price of $82.65 and a 200 day moving average price of $2,878.97.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of WORK Medical Technology Group in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Stock Analysis on WOK

Institutional Investors Weigh In On WORK Medical Technology Group

An institutional investor recently bought a new stake in WORK Medical Technology Group stock. Sabby Management LLC purchased a new position in shares of WORK Medical Technology Group LTD (NASDAQ:WOKFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,724,004 shares of the company’s stock, valued at approximately $204,000. WORK Medical Technology Group makes up approximately 0.2% of Sabby Management LLC’s portfolio, making the stock its 18th largest position. Sabby Management LLC owned approximately 590.89% of WORK Medical Technology Group at the end of the most recent reporting period.

About WORK Medical Technology Group

(Get Free Report)

WORK Medical Technology Group Ltd. engages in developing health instruments. It manufactures and sells medical devices, including endotracheal tubes, laryngeal mask airways, heat and moisture exchanging filters, disposable breathing circuits, nebulizer kits, and yankauer suction sets. The company was founded on March 1, 2022 and is headquartered in Hangzhou, China.

Further Reading

Insider Buying and Selling by Quarter for WORK Medical Technology Group (NASDAQ:WOK)

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