Warberg Asset Management LLC Raises Stock Holdings in Stereotaxis Inc. (NYSEAMERICAN:STXS)

Warberg Asset Management LLC raised its holdings in Stereotaxis Inc. (NYSEAMERICAN:STXS - Free Report) by 476.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 333,622 shares of the company's stock after acquiring an additional 275,784 shares during the quarter. Warberg Asset Management LLC owned about 0.39% of Stereotaxis worth $587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Lagoda Investment Management L.P. lifted its stake in shares of Stereotaxis by 7.7% during the 4th quarter. Lagoda Investment Management L.P. now owns 4,126,135 shares of the company's stock worth $9,408,000 after buying an additional 295,700 shares during the last quarter. Essex Investment Management Co. LLC grew its position in Stereotaxis by 28.3% in the 1st quarter. Essex Investment Management Co. LLC now owns 1,556,094 shares of the company's stock valued at $2,739,000 after purchasing an additional 343,130 shares during the period. Geode Capital Management LLC grew its holdings in Stereotaxis by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 1,399,498 shares of the company's stock worth $3,192,000 after buying an additional 7,780 shares in the last quarter. State of Wyoming raised its position in Stereotaxis by 14.8% in the fourth quarter. State of Wyoming now owns 536,698 shares of the company's stock worth $1,224,000 after acquiring an additional 69,259 shares during the period. Finally, Northern Trust Corp increased its holdings in Stereotaxis by 3.6% in the 4th quarter. Northern Trust Corp now owns 480,577 shares of the company's stock worth $1,096,000 after acquiring an additional 16,571 shares during the last quarter. Institutional investors own 45.35% of the company's stock.

Stereotaxis Stock Performance

Shares of STXS traded down $0.05 on Thursday, reaching $2.21. The stock had a trading volume of 174,229 shares, compared to its average volume of 435,528. The firm has a market capitalization of $189.63 million, a price-to-earnings ratio of -7.11 and a beta of 1.51. The company has a 50-day simple moving average of $2.24 and a 200-day simple moving average of $2.13. Stereotaxis Inc. has a 12-month low of $1.54 and a 12-month high of $2.72.

Stereotaxis Company Profile

Stereotaxis, Inc designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory in the United States and internationally. Its robotic magnetic navigation (RMN) systems include the Genesis RMN and Niobe systems, which enable physicians to complete complex interventional procedures by providing image-guided delivery of catheters and guidewires through the blood vessels and chambers of the heart to treatment sites.