XAIR - Beyond Air reaches six-month high after $2.3M insider transactions

• Gaining for the fifth straight session on Wednesday, the shares of the medical device company Beyond Air ( NASDAQ: XAIR ) approached the highest level since December after the company insiders disclosed more than $2.3M of insider transactions.
• According to SEC filings, members of Beyond’s ( XAIR ) senior management, including the Chief Executive Steve Lisi and Chief Operating Officer Amir Avniel executed the transactions last week resulting in net purchases of $907.8K.
• CEO Steve Lisi, the chairman of the company’s board has purchased 73K shares at $6.63 apiece increasing his stake in Beyond ( XAIR ) by 5%.
• Director Carey Robert has bought 175K shares at $6.45 per unit for a total value of $1.1M while COO Avniel, who is also the co-founder of Beyond ( XAIR ) has sold 68.1K shares at $6.51 for $443.1K in value.
• In terms of current analyst ratings, Beyond ( XAIR ) commands a Strong Buy recommendation on Wall Street.

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