100,000 Shares in Milestone Scientific Inc. (NYSE:MLSS) Bought by World Investment Advisors LLC

World Investment Advisors LLC acquired a new stake in shares of Milestone Scientific Inc. (NYSE:MLSS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 100,000 shares of the company’s stock, valued at approximately $91,000. World Investment Advisors LLC owned about 0.13% of Milestone Scientific at the end of the most recent quarter.

Separately, Y Intercept Hong Kong Ltd purchased a new stake in shares of Milestone Scientific during the 3rd quarter worth about $48,000. 5.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. StockNews.com began coverage on Milestone Scientific in a research note on Friday. They issued a “hold” rating for the company. Benchmark reiterated a “speculative buy” rating and issued a $1.25 target price on shares of Milestone Scientific in a research note on Wednesday, November 20th.

Milestone Scientific Price Performance

Milestone Scientific stock opened at $0.80 on Friday. Milestone Scientific Inc. has a one year low of $0.52 and a one year high of $1.10. The company’s fifty day moving average price is $0.81 and its two-hundred day moving average price is $0.86. The company has a market capitalization of $62.09 million, a price-to-earnings ratio of -11.39 and a beta of 1.10.

Insider Activity

In related news, Director Leonard Osser sold 107,984 shares of the company’s stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of $0.93, for a total transaction of $100,425.12. Following the completion of the sale, the director now directly owns 4,606,882 shares of the company’s stock, valued at approximately $4,284,400.26. This represents a 2.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 24.75% of the stock is currently owned by insiders.

About Milestone Scientific

Milestone Scientific Inc, a biomedical technology research and development company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The company operates through Dental and Medical segments.