Retractable Technologies Inc. (NYSEMKT:RVP) is Attracting Smart Money

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


"OKYO Pharma Limited: A Pioneer in the Pharmaceutica...
Farallon Capital is Buying Radius Health Inc. (NASDA...
Blue Harbour Group is Buying Miragen Therapeutics In...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Retractable Technologies Inc. (NYSEMKT:RVP) reported that Bml Investment Partners, L.p. has picked up 1,959,059 of common stock as of 2017-03-31.

The acquisition brings the aggregate amount owned by Bml Investment Partners, L.p. to a total of 1,959,059 representing a 6.6% stake in the company.

For those not familiar with the company, Retractable Technologies, Inc. designs, develops and manufactures safety medical products for the healthcare industry. The Company markets VanishPoint and PatientSafe products. The VanishPoint products are designed specifically to prevent needle stick injuries and to prevent reuse. The VanishPoint safety products include tuberculin, insulin and allergy antigen VanishPoint syringes; 0.5mL, 1mL, 2mL, 3mL, 5mL and 10mL VanishPoint syringes, and the VanishPoint autodisable syringe. It also sells the VanishPoint intravenous catheter, the VanishPoint blood collection tube holder and the VanishPoint blood collection set. The PatientSafe syringe reduces the risk of bloodstream infections resulting from catheter hub contamination. Its PatientSafe products include 3mL, 5mL, 10mL, 20mL, 30mL and 60mL syringes, and the PatientSafe Luer cap. Its product designs include retractable needle syringe designs, retractable needle designs and retractable needle dental syringe designs.

A glance at Retractable Technologies Inc. (NYSEMKT:RVP)’s key stats reveals a current market capitalization of 31.60 Million based on 29.65 Million shares outstanding and a price at last close of $1.08 per share.

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

Specifically, on 2017-01-12, Shaw picked up 2,000,000 at a purchase price of $0.89. This brings their total holding to 12,065,642 as of the date of the filing.

On the sell side, the most recent transaction saw Mack unload 100 shares at a sale price of $1.42. 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 Retractable Technologies Inc. (NYSEMKT:RVP) 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 :

PTPI Stock Price has plummeted, is it ready t...

Petros Pharmaceuticals PTPI stock price is down -4% in the last 5 days & volume is up 7%, but is it

Relief Therapeutics Holding AG (RLFTF) Stock ...

In recent times many biopharmaceutical companies have come into focus among investors in a big way and one of those is Relief Therapeutics

EBML Stock Price is so consistent, can it go ...

eBullion EBML stock price is up 10% in the last 5 days & volume is up 2,861%, but is it

related post

Skip to content