WORK Medical Technology Group (NASDAQ:WOK) Major Shareholder Financial Lp Hrt Sells 136,665 Shares

WORK Medical Technology Group LTD (NASDAQ:WOKGet Free Report) major shareholder Financial Lp Hrt sold 136,665 shares of WORK Medical Technology Group stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $3.87, for a total transaction of $528,893.55. Following the completion of the transaction, the insider owned 123,944 shares of the company’s stock, valued at $479,663.28. This trade represents a 52.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Wednesday, June 17th, Financial Lp Hrt bought 880,456 shares of WORK Medical Technology Group stock. The shares were acquired at an average cost of $0.05 per share, for a total transaction of $44,022.80.
  • On Tuesday, June 16th, Financial Lp Hrt sold 29,045 shares of WORK Medical Technology Group stock. The stock was sold at an average price of $6.00, for a total transaction of $174,270.00.
  • On Monday, June 15th, Financial Lp Hrt purchased 2,689 shares of WORK Medical Technology Group stock. The stock was acquired at an average price of $10.00 per share, with a total value of $26,890.00.
  • On Friday, June 12th, Financial Lp Hrt bought 481 shares of WORK Medical Technology Group stock. The shares were bought at an average cost of $8.00 per share, with a total value of $3,848.00.
  • On Monday, June 8th, Financial Lp Hrt bought 22,611 shares of WORK Medical Technology Group stock. The shares were purchased at an average price of $11.00 per share, for a total transaction of $248,721.00.
  • On Friday, June 5th, Financial Lp Hrt acquired 545 shares of WORK Medical Technology Group stock. The shares were purchased at an average cost of $9.00 per share, with a total value of $4,905.00.
  • On Thursday, June 4th, Financial Lp Hrt bought 13,700 shares of WORK Medical Technology Group stock. The shares were purchased at an average price of $10.00 per share, with a total value of $137,000.00.
  • On Tuesday, June 2nd, Financial Lp Hrt sold 17,579 shares of WORK Medical Technology Group stock. The shares were sold at an average price of $11.00, for a total value of $193,369.00.
  • On Monday, June 1st, Financial Lp Hrt purchased 27,463 shares of WORK Medical Technology Group stock. The stock was acquired at an average price of $14.00 per share, for a total transaction of $384,482.00.
  • On Friday, May 29th, Financial Lp Hrt sold 26,196 shares of WORK Medical Technology Group stock. The stock was sold at an average price of $10.00, for a total value of $261,960.00.

WORK Medical Technology Group Stock Down 14.1%

NASDAQ WOK traded down $0.43 during trading on Tuesday, reaching $2.62. 414,657 shares of the company’s stock were exchanged, compared to its average volume of 403,286. The company has a 50 day moving average price of $82.65 and a two-hundred day moving average price of $2,878.97. WORK Medical Technology Group LTD has a 1 year low of $1.78 and a 1 year high of $930,000.00.

Institutional Investors Weigh In On WORK Medical Technology Group

An institutional investor recently bought a new position in WORK Medical Technology Group stock. Sabby Management LLC purchased a new stake in WORK Medical Technology Group LTD (NASDAQ:WOKFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,724,004 shares of the company’s stock, valued at approximately $204,000. WORK Medical Technology Group comprises approximately 0.2% of Sabby Management LLC’s portfolio, making the stock its 18th largest holding. Sabby Management LLC owned about 590.89% of WORK Medical Technology Group as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of WORK Medical Technology Group in a research note on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Research Report on WORK Medical Technology Group

WORK Medical Technology Group Company Profile

(Get Free Report)

WORK Medical Technology Group Ltd. engages in developing health instruments. It manufactures and sells medical devices, including endotracheal tubes, laryngeal mask airways, heat and moisture exchanging filters, disposable breathing circuits, nebulizer kits, and yankauer suction sets. The company was founded on March 1, 2022 and is headquartered in Hangzhou, China.

See Also

Insider Buying and Selling by Quarter for WORK Medical Technology Group (NASDAQ:WOK)

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