Modular Medical, Inc. (NASDAQ:MODD) Shares Bought by Bard Associates Inc.

Bard Associates Inc. grew its stake in Modular Medical, Inc. (NASDAQ:MODD) by 47.1% during the 4th quarter, Holdings Channel reports. The firm owned 2,152,464 shares of the company’s stock after purchasing an additional 689,534 shares during the quarter. Bard Associates Inc. owned approximately 0.05% of Modular Medical worth $2,949,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Virtu Financial LLC purchased a new position in Modular Medical in the 3rd quarter valued at about $44,000. Navigation Wealth Management Inc. raised its holdings in shares of Modular Medical by 233.8% during the fourth quarter. Navigation Wealth Management Inc. now owns 61,040 shares of the company’s stock valued at $84,000 after acquiring an additional 42,754 shares during the last quarter. Walleye Capital LLC raised its holdings in shares of Modular Medical by 299.8% during the third quarter. Walleye Capital LLC now owns 75,418 shares of the company’s stock valued at $170,000 after acquiring an additional 56,552 shares during the last quarter. State Street Corp boosted its stake in shares of Modular Medical by 285.8% in the third quarter. State Street Corp now owns 76,000 shares of the company’s stock worth $171,000 after acquiring an additional 56,300 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Modular Medical by 45.0% in the third quarter. Geode Capital Management LLC now owns 306,440 shares of the company’s stock worth $690,000 after acquiring an additional 95,072 shares during the last quarter. Hedge funds and other institutional investors own 27.47% of the company’s stock.

Modular Medical Stock Performance

NASDAQ MODD opened at $0.77 on Tuesday. The business has a fifty day moving average price of $1.23 and a 200 day moving average price of $1.73. The company has a market cap of $31.23 million, a P/E ratio of -1.45 and a beta of 0.51. Modular Medical, Inc. has a one year low of $0.68 and a one year high of $2.65.

Modular Medical (NASDAQ:MODD) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.01).

Modular Medical Profile

Modular Medical, Inc operates as a medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for type-1 and type-2 diabetes. The company is headquartered in San Diego, California.