Stereotaxis, Inc. (NYSEAMERICAN:STXS) Director Paul J. Isaac Acquires 23,299 Shares

Stereotaxis, Inc. (NYSEAMERICAN:STXS - Get Free Report) Director Paul J. Isaac bought 23,299 shares of the business's stock in a transaction on Thursday, March 6th. The shares were acquired at an average price of $1.81 per share, for a total transaction of $42,171.19. Following the completion of the purchase, the director now owns 49,066 shares in the company, valued at approximately $88,809.46. The trade was a 90.42 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Stereotaxis Stock Performance

NYSEAMERICAN:STXS traded up $0.05 on Friday, reaching $1.83. 305,783 shares of the company's stock traded hands, compared to its average volume of 456,175. The stock's 50-day moving average is $2.22. The stock has a market capitalization of $155.06 million, a price-to-earnings ratio of -6.54 and a beta of 1.54. Stereotaxis, Inc. has a 12 month low of $1.66 and a 12 month high of $3.29.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. State of Wyoming grew its position in shares of Stereotaxis by 14.8% during the fourth quarter. State of Wyoming now owns 536,698 shares of the company's stock valued at $1,224,000 after purchasing an additional 69,259 shares in the last quarter. ProShare Advisors LLC increased its stake in Stereotaxis by 53.6% during the fourth quarter. ProShare Advisors LLC now owns 15,913 shares of the company's stock worth $36,000 after acquiring an additional 5,556 shares during the last quarter. Lagoda Investment Management L.P. increased its stake in Stereotaxis by 7.7% during the fourth quarter. Lagoda Investment Management L.P. now owns 4,126,135 shares of the company's stock worth $9,408,000 after acquiring an additional 295,700 shares during the last quarter. Bank of America Corp DE increased its stake in Stereotaxis by 79.7% during the fourth quarter. Bank of America Corp DE now owns 81,427 shares of the company's stock worth $186,000 after acquiring an additional 36,123 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Stereotaxis by 3.6% during the fourth quarter. Northern Trust Corp now owns 480,577 shares of the company's stock valued at $1,096,000 after buying an additional 16,571 shares during the last quarter. Hedge funds and other institutional investors own 45.35% of the company's stock.

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About Stereotaxis

Stereotaxis, Inc designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory in the United States and internationally. Its robotic magnetic navigation (RMN) systems include the Genesis RMN and Niobe systems, which enable physicians to complete complex interventional procedures by providing image-guided delivery of catheters and guidewires through the blood vessels and chambers of the heart to treatment sites.