Guess Who Picked Up Sunshine Heart Inc. (NASDAQ:SSH) 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

Here's Who Just Picked Up Rti Surgical Inc. (NASDAQ:...
Schuler Jack W Picked Up Biolase Inc. (NASDAQ:BIOL) ...
Here's Who Just Picked Up Natera Inc. (NASDAQ:NTRA) ...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Sunshine Heart Inc. (NASDAQ:SSH) reported that Choi Ki Yong has picked up 245,000 of common stock as of 2017-03-28.

The acquisition brings the aggregate amount owned by Choi Ki Yong to a total of 245,000 representing a 9.1% stake in the company.

For those not familiar with the company, Sunshine Heart is a global medical device company founded by a cardiac surgeon that saw an incredible opportunity for how to treat heart failure. Heart failure (HF) affects millions and is a progressive condition that prevents patients from living normal lives. Sunshine Heart’s C-Pulse® Heart Assist System has CE Mark in Europe and is in a clinical study in the United States to determine if the C-Pulse System is safe and effective for treating moderate to severe heart failure. C-Pulse therapy is designed to reduce overall heart failure symptoms, improve quality of life, and reduce re-hospitalizations.

A glance at Sunshine Heart Inc. (NASDAQ:SSH)’s key stats reveals a current market capitalization of 4.68 Million based on 1.74 Million shares outstanding and a price at last close of $2.31 per share.

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

Specifically, on 2016-11-28, Erb picked up 80,000 at a purchase price of $0.22. This brings their total holding to 464,128 as of the date of the filing.

On the sell side, the most recent transaction saw Drayton unload 20 shares at a sale price of $5.27. This brings their total holding to 740.

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 Sunshine Heart Inc. (NASDAQ:SSH) 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 :

Here's Who Just Picked Up Solar Senior Capita...
Loan investment is risky, as the end of the last decade showed us. There are some entities that thrive in the space, however, and Solar
Hertz Global Holdings (HTZGQ) Stock Soars To ...

Over the past weeks, car rental company Hertz Global Holdings (OTCMKTS:HTZGQ) has been in major focus among many investors and managed to record

Here's Who Just Picked Up Centrus Energy Corp...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Centrus Energy Corp (NYSEMKT:LEU) reported that Global X Management Co

related post

Skip to content