Insider Buying: Vision Sciences Inc (VSCI)’s Director C Lewis Pell Buys 10,000 Shares

0

C Lewis Pell, Director and large shareholder at Vision Sciences Inc (NASDAQ:VSCI), purchased on August 27th 10,000 shares of Common Stock. These were acquired at a price of $0.92 each, for a total value of $9,250.  Following the filling, he owns directly 8,681,540 shares and indirectly 50,000 shares by Spouse and 43,500 by Trust. Throughout the month of August, Mr. Pell has been consistently increasing its participation on the $43.3 million market cap firm by buying over 130,000 shares at a an average weighted price of $0.06 each.

However, two of Vision Sciences Inc (NASDAQ:VSCI)’s largest hedge fund shareholders on record have decided to reduce its exposure to this firm engaged in the design, development, manufacturing and marketing of products for endoscopy. Jim Simons’s Renaissance Technologies –owner of 53,300 shares- has decreased its participation in the company by 22% and Ken Griffin’s Citadel Investment Group –owner of 21,195 shares- has also done so by over 50%.

 

Disclosure: Pamela Gaviño holds no position in any of the stocks and funds mentioned.

Suggested Articles:

Top Selling Comic Books

Largest Beer Companies

Share.