Feinberg Larry N is Buying Biolase Inc. (NASDAQ:BIOL) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

TWO STOCKS GO UP 109% in Two Trading Days!
Is TRVI is a good stock? It depends, is it a trendin...
See Who Picked Tocagen Inc. (NASDAQ:TOCA) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Biolase Inc. (NASDAQ:BIOL) reported that Feinberg Larry N has picked up 15,472,847 of common stock as of 2017-04-21.

The acquisition brings the aggregate amount owned by Feinberg Larry N to a total of 15,472,847 representing less than 22.58% stake in the company.

For those not familiar with the company, BIOLASE, Inc. (BIOLASE) is a medical device company that develops, manufactures, markets and sells laser systems in dentistry and medicine. The Company markets, sells, and distributes dental imaging equipment, including cone beam digital x-rays and computer-aided design (CAD)/computer-aided manufacturing (CAM) intra-oral scanners, in-office, chair-side milling machines and three-dimensional (3-D) printers. It offers two categories of laser system products: WaterLase (all-tissue) systems and Diode (soft tissue) systems. Its brand, WaterLase, uses a combination of water and laser energy to perform procedures performed using drills, scalpels, and other traditional dental instruments for cutting soft and hard tissue. It also offers its Diode laser systems to perform soft tissue, pain therapy, and cosmetic procedures, including teeth whitening. Its Waterlase and Diode systems use disposable laser tips of differing sizes and shapes depending on the procedures being performed.

A glance at Biolase Inc. (NASDAQ:BIOL)’s key stats reveals a current market capitalization of 85.94 Million based on 67.66 Million shares outstanding and a price at last close of $1.29 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-10-21 Schuler picked up 33,762 at a purchase price of $0.95. This brings their total holding to 4,213,429 as of the date of the filing.

On the sell side, the most recent transaction saw Mulder unload 5,000 shares at a sale price of $1.25. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Biolase Inc. (NASDAQ:BIOL) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

ETEK Stock Price is consolidated and ready to...

Eco-Tek Group ETEK stock price is up -% in the last 5 days & volume is up 2%, but can this stock have

Jamba Inc. (NASDAQ:JMBA) is Attracting Smart ...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Jamba Inc. (NASDAQ:JMBA) reported that Engaged Capital has picked up
Bmc Stock Holdings Inc. (NASDAQ:BMCH) is Attr...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Bmc Stock Holdings In reported that Mfp Investors Llc. has

related post

Skip to content