Jeffrey M. Soinski, the Chief Executive Officer of Avinger Inc . (NASDAQ:), recently sold 3,690 shares of the company’s common stock. The micro-cap medical device company, currently valued at $1.92 million, has seen its stock decline by nearly 80% over the past year. The shares were sold at a price of $0.5567 each, totaling approximately $2,054. Following this transaction, Soinski retains ownership of 55,265 shares. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value metrics, despite generating $7.26 million in revenue over the last twelve months. The sale was conducted to cover tax withholding obligations related to the vesting of restricted stock units, and it was not a discretionary trade by Soinski. Discover more insights about Avinger and 1,400+ other stocks through comprehensive InvestingPro Research Reports, featuring detailed analysis and actionable intelligence for smarter investing…
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