Insider Buying: Digirad Co. (DRAD) COO Purchases 30,000 Shares of Stock

Share on StockTwits

Digirad Co. (NASDAQ:DRAD) COO David J. Noble bought 30,000 shares of Digirad stock in a transaction that occurred on Monday, May 20th. The stock was purchased at an average cost of $0.64 per share, for a total transaction of $19,200.00. Following the purchase, the chief operating officer now owns 205,000 shares of the company’s stock, valued at $131,200. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

DRAD opened at $0.71 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.59 and a debt-to-equity ratio of 0.62. Digirad Co. has a 52 week low of $0.42 and a 52 week high of $1.95.

Digirad (NASDAQ:DRAD) last released its earnings results on Friday, May 3rd. The medical equipment provider reported ($0.05) EPS for the quarter. The firm had revenue of $23.91 million during the quarter. Digirad had a negative net margin of 4.90% and a negative return on equity of 9.16%.

A hedge fund recently bought a new stake in Digirad stock. Weber Alan W acquired a new stake in shares of Digirad Co. (NASDAQ:DRAD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 100,000 shares of the medical equipment provider’s stock, valued at approximately $91,000. Weber Alan W owned about 0.49% of Digirad at the end of the most recent quarter. 38.37% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: This news story was originally published by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and international copyright legislation. The correct version of this news story can be viewed at https://www.tickerreport.com/banking-finance/4349008/insider-buying-digirad-co-drad-coo-purchases-30000-shares-of-stock.html.

About Digirad

Digirad Corporation provides healthcare solutions in the United States and internationally. It operates through three segments: Diagnostic Services, Mobile Healthcare, and Diagnostic Imaging. The Diagnostic Services segment provides nuclear and ultrasound imaging services to physicians who perform nuclear imaging, echocardiography, vascular or general ultrasound tests, imaging systems, radiopharmaceuticals, and licensing services.

Further Reading: What is the Bid-Ask Spread?

Insider Buying and Selling by Quarter for Digirad (NASDAQ:DRAD)

Receive News & Ratings for Digirad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digirad and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Enphase Energy  Hits New 52-Week High at $16.91
Enphase Energy Hits New 52-Week High at $16.91
Patrick J. Mcenany Purchases 25,000 Shares of Catalyst Pharmaceuticals Inc  Stock
Patrick J. Mcenany Purchases 25,000 Shares of Catalyst Pharmaceuticals Inc Stock
LINA Hits One Day Trading Volume of $746,049.00
LINA Hits One Day Trading Volume of $746,049.00
Critical Review: America Movil SAB de CV ADR Series L  vs. SINGAPORE TELEC/S
Critical Review: America Movil SAB de CV ADR Series L vs. SINGAPORE TELEC/S
Deutsche Bank Cuts Simon Property Group  Price Target to $188.00
Deutsche Bank Cuts Simon Property Group Price Target to $188.00
Zacks: Systemax Inc.  Given Average Rating of “Strong Buy” by Brokerages
Zacks: Systemax Inc. Given Average Rating of “Strong Buy” by Brokerages


© 2006-2019 Ticker Report