Milestone Scientific Inc. (MLSS): Giandomenico Trombetta , director officer 10% owner of Milestone Scientific Inc. purchased 1,000,000 shares on Jun 29, 2016. The Insider buying transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.00 per share for a total value of $2,000,000.00 , 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 28, 2015, Leonard M Schiller (director) purchased 2,500 shares at $2.50 per share price.On May 20, 2015, Leonard Osser (CEO) purchased 25,000 shares at $2.40 per share price.Also, On Jan 15, 2015, Cardenas Pablo Felipe Serna (director) sold 15,000 shares at $2.17 per share price.
Milestone Scientific: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Milestone Scientific which led to swings in the share price. The shares opened for trading at $2.76 and hit $2.94 on the upside , eventually ending the session at $2.83, with a gain of 4.81% or 0.13 points. The heightened volatility saw the trading volume jump to 81,703 shares. The 52-week high of the share price is $3.8 and the company has a market cap of $61 M . The 52-week low of the share price is at $1.15.
Milestone Scientific Inc. (Milestone) is engaged in providing computer-controlled injection technologies and solutions for the medical and dental markets. The CompuFlo pressure or force Computer-Controlled Local Anesthetic Delivery (C-CLAD) technology is a medical technology for the delivery of drugs anesthetics and other medicaments into various tissue types as well as for the aspiration of bodily fluids or previously injected substances. CompuFlo’s Dynamic Pressure Sensing capability provides visual and audible in-tissue pressure feedback identifying tissue types to the healthcare provider. Milestone’s product portfolio includes STA Single Tooth Anesthesia Instrument (Wand STA Instrument) CompuDent CompuMed and The Wand. The CompuFlo technology consists of a disposable injection handpiece that provides for tactile control during the injection an electromechanical (computer-controlled) fluid delivery instrument and the ability to record data from the injection event.