Zynex, Inc. (NASDAQ:ZYXI) has made a 270.2% comeback from a 12-month low price of $2.34. It was seen 5.23% higher, changing the price to $8.65, when the closing bell rang on 6/12/2019. At a recent session, the prices were hovering between $8.0427 and $8.7. This company shares are -3.12% up from its target price of $8.38 and the current market capitalization stands at $270.92M. The recent change has given its price a 33.47% lead over SMA 50 and -6.22% deficit over its 52-week high. The stock witnessed 19.48% gains, 80.21% gains and 182.05% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ZYXI’s volatility during a week at 9.47% and during a month it has been found around 7.1%.

Zynex, Inc. (ZYXI) Top Holders

Institutional investors currently hold around $3 million or 1% in ZYXI stock. Look at its top three institutional owners: Millennium Management Llc owns $599 thousand in Zynex, Inc., which represents roughly 0.22% of the company’s market cap and approximately 19.97% of the institutional ownership. Similar statistics are true for the second largest owner, Newman Dignan & Sheerar, Inc., which owns 47,890 shares of the stock are valued at $394 thousand. The third largest holder is Acadian Asset Management Llc, which currently holds $393 thousand worth of this stock and that ownership represents nearly 0.15% of its market capitalization.

Zynex, Inc. 13F Filings

At the end of March reporting period, 17 institutional holders increased their position in Zynex, Inc. (NASDAQ:ZYXI) by some 308,548 shares, 1 decreased positions by 3,370 and held positions by 5,651. That puts total institutional holdings at 317,569 shares, according to SEC filings. The stock grabbed 17 new institutional investments totaling 308,548 shares while institutional investors sold out their entire positions totaling shares.

Zynex, Inc. (NASDAQ:ZYXI) Insider Trades

Multiple company employees have indulged in significant insider trading. Zynex, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CFO MOORHEAD DANIEL J has sold 13,750 shares of Zynex, Inc. (ZYXI) in the trading session dated Jun. 12, 2019. These shares are worth $113,438 and were traded at $8.25 each. The SEC filing shows that Sandgaard Thomas performed a sale of 50,000 shares. The President, CEO and Chairman, 10% Owner disposed these shares by way of transaction on Jun. 10, 2019. The company’s shares were given away at $8.88 per share worth to an income of some $444,000 to the account of Sandgaard Thomas.

President, CEO and Chairman, 10% Owner, Sandgaard Thomas, sold 203,283 common shares of Zynex, Inc. (ZYXI) in the open market. In a transaction dated Jun. 07, 2019, the shares were put up for sale at an average price of $8.47, raking in a sum of $1,721,807. After this sale, 14,596,717 common shares of ZYXI are directly owned by the insider, with total stake valued at $126,261,602.

In the transaction dated Jun. 07, 2019, a great number of shares sold came courtesy the President, CEO and Chairman, 10% Owner; Sandgaard Thomas disposed a total of 14,717 shares at an average price of $8.3, amounting to approximately $122,151. The insider now directly owns 14,582,000 shares worth $126,134,300.

Zynex, Inc. (ZYXI) Analyst Guide

Not many analysts have released their opinion on Zynex, Inc. (NASDAQ:ZYXI), with 1 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation [T1].