Avi S. Katz Purchases 470,890 Shares of QT Imaging Holdings, Inc. (NASDAQ:QTI) Stock

QT Imaging Holdings, Inc. (NASDAQ:QTI) Chairman Avi S. Katz purchased 470,890 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was bought at an average price of $0.58 per share, for a total transaction of $273,116.20. Following the acquisition, the chairman now owns 657,960 shares in the company, valued at $381,616.80. The trade was a 251.72 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

QT Imaging Trading Up 16.4 %

Shares of QTI opened at $0.57 on Friday. The company’s fifty day moving average is $0.63 and its two-hundred day moving average is $0.68. QT Imaging Holdings, Inc. has a fifty-two week low of $0.41 and a fifty-two week high of $14.40.

Hedge Funds Weigh In On QT Imaging

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lynrock Lake LP acquired a new position in QT Imaging in the 2nd quarter worth $191,000. Oxford Financial Group LTD. LLC acquired a new position in QT Imaging in the 1st quarter worth $65,000. Virtu Financial LLC acquired a new position in QT Imaging in the 1st quarter worth $55,000. Finally, Atlas Merchant Capital LLC acquired a new position in QT Imaging in the 2nd quarter worth $33,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

QT Imaging Company Profile

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.