Rewalk Robotics Ltd. (RWLK) Files Form 4 Insider Selling : Jeff Dykan Sells 11,370 Shares

Rewalk Robotics Ltd. (RWLK): Jeff Dykan , director 10% owner of Rewalk Robotics Ltd. sold 11,370 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $7.76 per share for a total value of $88,018.17 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Wayne Weisman (director 10% owner) sold 27,022 shares at $8.70 per share price.On May 27, 2016, Jeff Dykan (director 10% owner) sold 27,022 shares at $8.70 per share price.Also, On May 26, 2016, Jodi Gricci (VP Global Marktng & Training) sold 329 shares at $10.66 per share price.On May 26, 2016, John Vincent Hamilton (VP, Regulatory & Clinical) sold 329 shares at $10.66 per share price.

Shares of Rewalk Robotics Ltd (RWLK) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -2.42% at $7.65 with 1,97,148 shares getting traded. Post opening the session at $7.67, the shares hit an intraday low of $7.1 and an intraday high of $7.98 and the price vacillated in this range throughout the day. The company has a market cap of $95 M and the number of outstanding shares has been calculated to be 1,23,71,415 shares. The 52-week high of Rewalk Robotics Ltd is $17.4 and the 52-week low is $5.55.

Rewalk Robotics Ltd Money Flow Index Chart

Rewalk Robotics Ltd is an Israel-based medical device company. The Company is engaged in designing developing and commercializing exoskeletons that allow wheelchair-bound individuals with mobility impairments or other medical conditions the ability to stand and walk once again. The Company has developed and is continuing to commercialize ReWalk an exoskeleton that uses its patented tilt-sensor technology and an on-board computer and motion sensors to drive motorized legs that power movement. The Company offers two ReWalk products: ReWalk Personal and ReWalk Rehabilitation. ReWalk is a product that can fundamentally change the health and life experiences of users. ReWalk controls movement using subtle changes in the user’s center of gravity.

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