12.7% Of ReWalk Robotics Ltd. (RWLK) Is Owned By Hedge Funds

ReWalk Robotics Ltd. (NASDAQ:RWLK) recovered 9.52% of its value since hitting low of $1.05. The recent move of -8% drop pushed the stock to close at $1.15 when trading ended on 03/13/2018. At recent session, the prices were hovering between $1.15 and $1.25. This company shares are 102.61% off its target price of $2.33 and the current market capitalization stands at $33.28M. The recent change has given its price a 3.04% lead over SMA 50 and -64.06% deficit over its 52-week high. The stock witnessed 9.52% gains, 6.98% gains and -37.84% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RWLK’s volatility during a week at 7.6% and during a month it has been found around 5.8%.

ReWalk Robotics Ltd. (RWLK) Top Holders

Institutional investors currently hold around $1 million or 12.7% in RWLK stock. Look at its top three institutional owners. Advisor Group, Inc. owns $393 thousand in ReWalk Robotics Ltd., which represents roughly 1.18% of the company’s market cap and approximately 39.3% of the institutional ownership. Similar statistics are true for the second largest owner, California Public Employees Retirement System, which owns 205,000 shares of the stock are valued at $256 thousand. The third largest holder is Intellectus Partners, Llc, which currently holds $51 thousand worth of this stock and that ownership represents nearly 0.15% of its market capitalization.

ReWalk Robotics Ltd. 13F Filings

At the end of 12/31/2017 reporting period, 9 institutional holders increased their position in ReWalk Robotics Ltd. (NASDAQ:RWLK) by some 225,865 shares, 10 decreased positions by 452,022 and 7 held positions by 90,546. That puts total institutional holdings at 768,433 shares, according to SEC filings. The stock grabbed 6 new institutional investments totaling 90,615 shares while 5 institutional investors sold out their entire positions totaling 234,085 shares.

ReWalk Robotics Ltd. (NASDAQ:RWLK) Insider Trades

Multiple company employees have indulged in significant insider trading. ReWalk Robotics Ltd. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO Jasinski Lawrence J has sold 415 shares of ReWalk Robotics Ltd. (RWLK) in trading session dated Feb. 26, 2018. These shares are worth $477 and were traded at $1.15 each. The SEC filing shows that Jasinski Lawrence J performed a sale of 428 shares. The CEO disposed these shares by way of transaction on Nov. 27, 2017. The company’s shares were given away at $1.15 per share worth to an income of some $492 on account of Jasinski Lawrence J.

VP Global Marketing & Training, Gricci Jodi, sold 67 common shares of ReWalk Robotics Ltd. (RWLK) in the open market. In a transaction dated Oct. 10, 2017, the shares were put up for sale at an average price of $1.5, raking in a sum of $101. After this sale, 32,590 common shares of RWLK are directly owned by the insider, with total stake valued at $37,479.

In the transaction dated Aug. 28, 2017, the great number of shares disposed came courtesy the CEO; Jasinski Lawrence J disposed a total of 413 shares at an average price of $1.65, amounting to approximately $681. The insider now directly owns 66,893 shares worth $76,927.

ReWalk Robotics Ltd. (RWLK) Analyst Guide

Several analysts have released their opinion on ReWalk Robotics Ltd. (NASDAQ:RWLK), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation.

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