Raymond James initiates QXO stock with Outperform rating on acquisition strategy
Romeo R. Dizon, Chief Financial Officer of IRIDEX Corp (NASDAQ:IRIX), acquired 625 shares of the company’s common stock on September 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The medical technology company, with a market capitalization of approximately $23 million, has shown strong momentum with an 11.7% price return over the past six months, according to InvestingPro data.
The shares were purchased at a price of $1.36, for a total transaction value of $850. Following the transaction, Dizon directly owns 53,625 shares of IRIDEX Corp . InvestingPro analysis indicates the stock is currently trading below its Fair Value, with 8 additional key insights available to subscribers. The company maintains a FAIR financial health score, though analysts don’t expect profitability this year. Access the comprehensive Pro Research Report for deeper analysis of IRIX and 1,400+ other US stocks.
In other recent news, IRIDEX Corporation reported its second-quarter earnings for 2025, surpassing expectations. The company achieved an earnings per share (EPS) of -$0.06, which was better than the anticipated -$0.09. Additionally, IRIDEX exceeded revenue forecasts, reporting $13.6 million compared to the expected $13.1 million. These results highlight a positive performance for the quarter. There was no mention of any mergers or acquisitions involving the company. Analyst firms have not recently upgraded or downgraded IRIDEX’s stock. No other significant company developments have been reported. These recent developments provide insight into IRIDEX’s current financial standing.
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