The Controller of Iradimed (NASDAQ: IRMD) is Selling Shares

Yesterday, the Controller of Iradimed (IRMDResearch Report), Louis Waldman, sold shares of IRMD for $109.7K.

Following Louis Waldman’s last IRMD Sell transaction on August 05, 2019, the stock climbed by 4.0%.

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Based on Iradimed’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $10.89 million and quarterly net profit of $3.24 million. In comparison, last year the company earned revenue of $8.34 million and had a net profit of $1.71 million. The company has a one-year high of $29.80 and a one-year low of $16.68. Currently, Iradimed has an average volume of 52.45K.

In the last 30 days, insiders have sold $109.7K worth of IRMD shares and purchased $46.81K worth of IRMD shares. The insider sentiment on Iradimed has been negative according to 144 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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IRadimed Corp. engages in the development, manufacture, marketing, and distribution of Magnetic Resonance Imaging (MRI) compatible medical devices and accessories and services. It also provides non-magnetic Intravenous (IV) infusion pump system that is specifically designed for use during MRI procedures.