James S. Greene Buys 428,082 Shares of QT Imaging Holdings, Inc. (NASDAQ:QTI) Stock

QT Imaging Holdings, Inc. (NASDAQ:QTI) Director James S. Greene acquired 428,082 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was bought at an average cost of $0.58 per share, for a total transaction of $248,287.56. Following the completion of the transaction, the director now directly owns 628,082 shares of the company’s stock, valued at $364,287.56. This trade represents a 214.04 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

QT Imaging Stock Performance

Shares of QT Imaging stock opened at $0.57 on Friday. The business has a 50-day moving average of $0.63 and a 200-day moving average of $0.68. QT Imaging Holdings, Inc. has a 1-year low of $0.41 and a 1-year high of $14.40.

Institutional Trading of QT Imaging

Several large investors have recently modified their holdings of QTI. Lynrock Lake LP acquired a new position in QT Imaging in the second quarter worth about $191,000. Oxford Financial Group LTD. LLC acquired a new position in QT Imaging in the first quarter worth about $65,000. Virtu Financial LLC bought a new position in QT Imaging in the first quarter worth about $55,000. Finally, Atlas Merchant Capital LLC bought a new position in QT Imaging in the second quarter worth about $33,000. 24.19% of the stock is currently owned by institutional investors and hedge funds.

About QT Imaging

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.