Bank of New York Mellon Corp Buys 22,280 Shares of Stereotaxis, Inc. (NYSEAMERICAN:STXS)

Bank of New York Mellon Corp lifted its stake in shares of Stereotaxis, Inc. (NYSEAMERICAN:STXS) by 13.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 193,109 shares of the company’s stock after acquiring an additional 22,280 shares during the period. Bank of New York Mellon Corp’s holdings in Stereotaxis were worth $440,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in STXS. Jane Street Group LLC lifted its position in shares of Stereotaxis by 26.9% in the third quarter. Jane Street Group LLC now owns 29,773 shares of the company’s stock worth $61,000 after purchasing an additional 6,313 shares in the last quarter. SG Americas Securities LLC increased its stake in Stereotaxis by 39.2% in the 4th quarter. SG Americas Securities LLC now owns 26,360 shares of the company’s stock valued at $60,000 after buying an additional 7,417 shares during the last quarter. Wealth Effects LLC lifted its position in Stereotaxis by 11.7% during the 4th quarter. Wealth Effects LLC now owns 86,060 shares of the company’s stock worth $196,000 after buying an additional 9,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Stereotaxis by 10.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 167,297 shares of the company’s stock worth $341,000 after buying an additional 15,491 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Stereotaxis by 5.7% in the 3rd quarter. State Street Corp now owns 680,612 shares of the company’s stock valued at $1,388,000 after acquiring an additional 36,518 shares in the last quarter. 45.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Paul J. Isaac bought 38,000 shares of the company’s stock in a transaction dated Monday, March 10th. The stock was bought at an average price of $1.81 per share, with a total value of $68,780.00. Following the completion of the acquisition, the director now owns 87,299 shares of the company’s stock, valued at $158,011.19. This represents a 77.08 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 18.52% of the company’s stock.

Stereotaxis Price Performance

NYSEAMERICAN:STXS opened at $1.80 on Friday. Stereotaxis, Inc. has a twelve month low of $1.66 and a twelve month high of $3.29. The firm has a market cap of $152.51 million, a price-to-earnings ratio of -6.43 and a beta of 1.54. The business’s 50 day moving average is $2.14.

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.