Insider Buying: American Shared Hospital Services (NYSEAMERICAN:AMS) Chairman Purchases $1,337,147.04 in Stock

American Shared Hospital Services (NYSEAMERICAN:AMS) Chairman Raymond Stachowiak purchased 586,468 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were purchased at an average price of $2.28 per share, for a total transaction of $1,337,147.04. Following the completion of the purchase, the chairman directly owned 586,468 shares of the company’s stock, valued at approximately $1,337,147.04. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

American Shared Hospital Services Stock Performance

Shares of NYSEAMERICAN:AMS traded down $0.06 during trading on Wednesday, hitting $1.41. 1,559,459 shares of the stock were exchanged, compared to its average volume of 117,755. American Shared Hospital Services has a 1-year low of $1.25 and a 1-year high of $3.11. The company has a market capitalization of $9.33 million, a price-to-earnings ratio of -6.41 and a beta of 0.33. The company’s fifty day simple moving average is $1.47 and its 200-day simple moving average is $1.83.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its earnings results on Thursday, May 14th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08). American Shared Hospital Services had a negative net margin of 5.30% and a negative return on equity of 5.51%. The firm had revenue of $7.08 million during the quarter, compared to analyst estimates of $6.87 million. On average, research analysts forecast that American Shared Hospital Services will post -0.05 earnings per share for the current fiscal year.

Institutional Trading of American Shared Hospital Services

A hedge fund recently bought a new position in American Shared Hospital Services stock. DRW Securities LLC purchased a new position in American Shared Hospital Services (NYSEAMERICAN:AMS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned approximately 0.77% of American Shared Hospital Services as of its most recent SEC filing. Hedge funds and other institutional investors own 23.16% of the company’s stock.

About American Shared Hospital Services

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.