Kirk Thomas F buys $55,000 in Myomo shares

Published 19/08/2025, 12:26
Kirk Thomas F buys $55,000 in Myomo shares

Director Kirk Thomas F purchased 50,000 shares of Myomo, Inc. (NASDAQ:MYO) common stock on August 18, 2025, in one transaction at a price of $1.10, for a total value of $55,000. The purchase comes as the stock trades near its 52-week low of $0.92, with InvestingPro data showing the stock is currently in oversold territory.

The transaction increased Kirk Thomas F’s direct ownership in Myomo to 424,420 shares. According to InvestingPro analysis, the company appears undervalued at its current market cap of $42 million, despite facing challenging market conditions with the stock down over 81% in the past six months. Discover more insights about MYO and track insider trading patterns with InvestingPro’s comprehensive research reports, available for 1,400+ US stocks.

In other recent news, Myomo Inc (NYSE:MYO). announced its second-quarter 2025 earnings, highlighting a significant revenue growth of 28% compared to the previous year. Despite this positive development, the company reported a slight miss in earnings per share (EPS), which did not meet analysts’ expectations. This shortfall in EPS has influenced investor sentiment, even though Myomo’s revenue exceeded forecasts. The earnings report has been a focal point for investors, given the company’s performance metrics. Analyst firms have taken note of these results, although specific upgrades or downgrades were not mentioned in the recent reports. Investors are closely monitoring these developments as they assess the company’s financial health and future prospects. Myomo’s revenue growth remains a positive indicator amidst the mixed earnings results.

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