A Director at EKSO BIONICS (EKSO) is Buying Shares


Today, a Director at EKSO BIONICS (NASDAQ: EKSO), Steven Sherman, bought shares of EKSO for $300K.

Following this transaction Steven Sherman’s holding in the company was increased by 198.36% to a total of $601.2K.

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Based on EKSO BIONICS’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.52 million and GAAP net loss of $7.9 million. In comparison, last year the company earned revenue of $1.44 million and had a GAAP net loss of $8.3 million. Currently, EKSO BIONICS has an average volume of 117.2K.

Starting in March 2015, EKSO received 8 Buy ratings in a row. Four different firms, including B.Riley FBR and Sterne Agee CRT, currently also have a Buy rating on the stock.

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Ekso Bionics Holdings, Inc. engages in the design, development and sale of exoskeleton technology that currently has applications in healthcare and industrial markets. It operates through the following segments: Medical Devices, Industrial Sales, and Engineering Services.

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