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

Bard Associates Inc. lifted its holdings in Modular Medical, Inc. (NASDAQ:MODD) by 47.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,152,464 shares of the company’s stock after acquiring an additional 689,534 shares during the quarter. Bard Associates Inc. owned 5.29% of Modular Medical worth $2,949,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Virtu Financial LLC acquired a new stake in Modular Medical during the 3rd quarter worth about $44,000. Navigation Wealth Management Inc. grew its holdings in Modular Medical by 233.8% during the fourth quarter. Navigation Wealth Management Inc. now owns 61,040 shares of the company’s stock worth $84,000 after acquiring an additional 42,754 shares during the period. State Street Corp raised its position in Modular Medical by 285.8% during the third quarter. State Street Corp now owns 76,000 shares of the company’s stock valued at $171,000 after acquiring an additional 56,300 shares in the last quarter. Walleye Capital LLC raised its position in 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 in the last quarter. Finally, Corsair Capital Management L.P. lifted its holdings in Modular Medical by 13.6% in the third quarter. Corsair Capital Management L.P. now owns 537,363 shares of the company’s stock valued at $1,209,000 after acquiring an additional 64,393 shares during the period. Hedge funds and other institutional investors own 27.47% of the company’s stock.

Modular Medical Price Performance

Shares of NASDAQ MODD opened at $0.77 on Tuesday. The stock has a market capitalization of $31.23 million, a price-to-earnings ratio of -1.45 and a beta of 0.51. The firm’s 50 day simple moving average is $1.23 and its 200-day simple moving average is $1.73. Modular Medical, Inc. has a 12 month low of $0.68 and a 12 month high of $2.65.

Modular Medical (NASDAQ:MODD) last released its quarterly earnings results on Thursday, February 13th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.01).

Modular Medical Company 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.