The Director of Microvision is Exercising Options

Yesterday it was reported that the Director of Microvision (MVISResearch Report), Brian Turner, exercised options to buy 16,875 MVIS shares at $3.76 a share, for a total transaction value of $63.45K. The options were close to expired and Brian Turner retained stocks.

Following Brian Turner’s last MVIS Buy transaction on November 19, 2019, the stock climbed by 15.0%. Following this transaction Brian Turner’s holding in the company was increased by 7.37% to a total of $4.13 million.

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The company has a one-year high of $28.00 and a one-year low of $0.84. MVIS’s market cap is $2.5 billion and the company has a P/E ratio of -134.20. Currently, Microvision has an average volume of 13.82M.

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MicroVision, Inc. engages in the development of laser beam scanning technology. It offers its product under the PicoP brand. PicoP offers Pico projection or interactive Pico projection; three-dimensional sensing for automotive and industrial applications; augmented or virtual reality; and head up displays for automobiles. The company was founded in May 1993 and is headquartered in Redmond, WA.