Which insiders are selling Avinger, Inc. (AVGR)?

Avinger, Inc. (NASDAQ:AVGR) marched up -8.35% compared to a 52-week low price of $3.74. The shares were last seen trading -23.78% lower, taking the closing price at $3.43 on 02/12/2018. At recent session, the prices were hovering between $3.4 and $5.1799. This company shares are -41.69% up from its target price of $2 and the current market capitalization stands at $93.98M. The recent change has given its price a -56.8% deficit over SMA 50 and -97.08% deficit over its 52-week high. The stock witnessed -58.17% declines, -71.85% declines and -70.43% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AVGR’s volatility during a week at 25.89% and during a month it has been found around 16.38%.

Avinger, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 10 institutional holders increased their position in Avinger, Inc. (NASDAQ:AVGR) by some 2,820 shares, 17 decreased positions by 65,918 and 8 held positions by -38,562. That puts total institutional holdings at 30,176 shares, according to SEC filings. The stock grabbed 6 new institutional investments totaling 1,526 shares while 9 institutional investors sold out their entire positions totaling 34,396 shares.

Avinger, Inc. (NASDAQ:AVGR) Insider Trades

Multiple company employees have indulged in significant insider trading. Avinger, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Executive Chairman, 10% Owner Simpson John B Ph D Md has sold 1,074,130 shares of Avinger, Inc. (AVGR) in trading session dated Nov. 15, 2017. These shares are worth $268,533 and were traded at $0.25 each. The SEC filing shows that Soinski Jeffrey M performed a purchase of 57,100 shares. The CEO added these shares by way of transaction on Aug. 16, 2016. The company’s shares were assimilated at $3.5 per share worth to an investment of some $199,850 on account of Soinski Jeffrey M.

CFO, Ferguson Matthew, purchased 7,000 common shares of Avinger, Inc. (AVGR) in the open market. In a transaction dated Aug. 16, 2016, the shares were bought at an average price of $3.5, giving away a sum of $24,500. After this purchase, 25,754 common shares of AVGR are directly owned by the insider, with total stake valued at $88,336.

In the transaction dated Jul. 20, 2016, the great number of shares disposed came courtesy the Sr. VP, Sales & Marketing; Simpson John D. disposed a total of 32,500 shares at an average price of $6.28, amounting to approximately $204,100. The insider now directly owns 221,063 shares worth $758,246.

Avinger, Inc. (AVGR) Analyst Guide

Several analysts have released their opinion on Avinger, Inc. (NASDAQ:AVGR), with 0 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation.

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