Corindus Vascular Robotics Inc (CVRS) Director Louis A. Cannon Buys 7,500 Shares

Corindus Vascular Robotics Inc (NYSEAMERICAN:CVRS) Director Louis A. Cannon purchased 7,500 shares of the business’s stock in a transaction on Wednesday, May 22nd. The stock was purchased at an average cost of $2.63 per share, with a total value of $19,725.00. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

CVRS traded down $0.05 during mid-day trading on Friday, reaching $2.66. The stock had a trading volume of 965,692 shares, compared to its average volume of 1,161,391. Corindus Vascular Robotics Inc has a 52 week low of $0.70 and a 52 week high of $3.10.

Corindus Vascular Robotics (NYSEAMERICAN:CVRS) last posted its quarterly earnings results on Tuesday, May 7th. The medical equipment provider reported ($0.05) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.05). The company had revenue of $3.04 million during the quarter, compared to analyst estimates of $2.90 million.

Separately, Zacks Investment Research cut Corindus Vascular Robotics from a “hold” rating to a “sell” rating in a report on Tuesday, May 14th.

A number of institutional investors have recently modified their holdings of CVRS. Jane Street Group LLC acquired a new stake in Corindus Vascular Robotics during the 4th quarter worth $36,000. HRT Financial LLC bought a new position in Corindus Vascular Robotics during the 4th quarter worth about $44,000. Canton Hathaway LLC bought a new position in Corindus Vascular Robotics during the 1st quarter worth about $63,000. Virtu Financial LLC bought a new position in Corindus Vascular Robotics during the 4th quarter worth about $64,000. Finally, Weiss Asset Management LP bought a new position in Corindus Vascular Robotics during the 1st quarter worth about $65,000.

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About Corindus Vascular Robotics

Corindus Vascular Robotics, Inc designs, manufactures, and sells robotic-assisted systems for use in interventional vascular procedures in the United States and internationally. The company offers CorPath system, a medical device with robotic-assisted precision for coronary and peripheral interventional procedures.

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