QT Imaging Holdings, Inc. (NASDAQ:QTI – Get Free Report) Chairman Avi S. Katz bought 470,890 shares of the stock in a transaction on Tuesday, November 12th. The shares were acquired at an average cost of $0.58 per share, with a total value of $273,116.20. Following the purchase, the chairman now owns 657,960 shares of the company’s stock, valued at approximately $381,616.80. This represents a 251.72 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
QT Imaging Stock Performance
Shares of QT Imaging stock traded up $0.01 on Thursday, hitting $0.49. The stock had a trading volume of 88,681 shares, compared to its average volume of 168,342. The stock has a 50 day moving average of $0.63 and a 200 day moving average of $0.68. QT Imaging Holdings, Inc. has a twelve month low of $0.41 and a twelve month high of $14.40.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Lynrock Lake LP acquired a new position in shares of QT Imaging in the second quarter valued at approximately $191,000. Atlas Merchant Capital LLC acquired a new position in shares of QT Imaging in the second quarter valued at approximately $33,000. Virtu Financial LLC acquired a new position in shares of QT Imaging in the first quarter valued at approximately $55,000. Finally, Oxford Financial Group LTD. LLC acquired a new position in shares of QT Imaging in the first quarter valued at approximately $65,000. Institutional investors and hedge funds own 24.19% of the company’s stock.
QT Imaging Company Profile
QT Imaging Holdings, Inc engages in the research, development, and commercialization of body imaging systems for detection, diagnosis, monitoring, and treatment of diseases. The company offers QT Ultrasound Breast Scanner, an ultrasonic imaging system that provides reflection-mode and transmission-mode images of a patient’s breast.
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