QT Imaging Holdings, Inc. (NASDAQ:QTI) Director Buys $248,287.56 in Stock

QT Imaging Holdings, Inc. (NASDAQ:QTI) Director James S. Greene bought 428,082 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average cost of $0.58 per share, for a total transaction of $248,287.56. Following the acquisition, the director now owns 628,082 shares of the company’s stock, valued at $364,287.56. This represents a 214.04 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

QT Imaging Price Performance

Shares of NASDAQ:QTI opened at $0.57 on Friday. QT Imaging Holdings, Inc. has a 12 month low of $0.41 and a 12 month high of $14.40. The stock’s 50 day moving average price is $0.63 and its 200 day moving average price is $0.68.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in QTI. Oxford Financial Group LTD. LLC purchased a new position in QT Imaging during the 1st quarter worth approximately $65,000. Virtu Financial LLC acquired a new stake in shares of QT Imaging in the 1st quarter valued at $55,000. Atlas Merchant Capital LLC acquired a new stake in shares of QT Imaging in the 2nd quarter valued at $33,000. Finally, Lynrock Lake LP acquired a new stake in shares of QT Imaging in the 2nd quarter valued at $191,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

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.