Rewalk Robotics Ltd. (RWLK) Files Form 4 Insider Selling : Jeff Dykan Sells 19,060 Shares

Rewalk Robotics Ltd. (RWLK): Jeff Dykan , director 10% owner of Rewalk Robotics Ltd. sold 19,060 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $7.89 per share for a total value of $150,430.81 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 6, 2016, Wayne Weisman (director 10% owner) sold 19,060 shares at $7.89 per share price.On Jun 2, 2016, Jeff Dykan (director 10% owner) sold 11,370 shares at $7.76 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.

Rewalk Robotics Ltd: On Friday, Jun 3, 2016 heightened volatility was witnessed in Rewalk Robotics Ltd which led to swings in the share price. The shares opened for trading at $7.87 and hit $8.06 on the upside , eventually ending the session at $7.94, with a gain of 0.76% or 0.06 points. The heightened volatility saw the trading volume jump to 61,733 shares. The 52-week high of the share price is $17.4 and the company has a market cap of $98 M . The 52-week low of the share price is at $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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