Mobia Medical (NASDAQ:MOBI) Director Acquires $1,875,000.00 in Stock

Mobia Medical, Inc. (NASDAQ:MOBIGet Free Report) Director Cynthia Lucchese bought 125,000 shares of Mobia Medical stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $15.00 per share, with a total value of $1,875,000.00. Following the completion of the acquisition, the director owned 125,000 shares of the company’s stock, valued at $1,875,000. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Mobia Medical Stock Up 2.1%

Shares of NASDAQ MOBI traded up $0.25 during mid-day trading on Monday, hitting $12.00. 370,843 shares of the company traded hands. Mobia Medical, Inc. has a 1 year low of $10.19 and a 1 year high of $14.00. The company has a market cap of $338.76 million, a price-to-earnings ratio of 66.67 and a beta of 2.84.

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