Myomo CEO Gudonis buys $47k in shares

Published 18/08/2025, 12:56
Myomo CEO Gudonis buys $47k in shares

Myomo, INC. (NASDAQ:MYO) Chief Executive Officer Paul R. Gudonis purchased 50,000 shares of common stock on August 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The purchase comes as the stock trades near its 52-week low of $0.92, having declined about 85% year-to-date.

The shares were acquired at a price of $0.9459, for a total transaction value of $47,295. The prices paid ranged from $0.9289 to $0.9687 per share. Following the transaction, Gudonis directly owns 1,259,013 shares of Myomo. InvestingPro analysis suggests the stock is currently undervalued, with additional insights available in the comprehensive Pro Research Report covering this and 1,400+ other US stocks.

In other recent news, Myomo Inc (NYSE:MYO). disclosed its second-quarter 2025 financial results, highlighting a 28% increase in revenue compared to the previous year. Despite this positive revenue growth, the company reported a slight miss in earnings per share (EPS), which did not meet analysts’ expectations. This discrepancy between revenue growth and earnings performance has influenced investor sentiment. The revenue figures surpassed forecasts, indicating strong sales performance, but the shortfall in EPS suggests challenges in managing costs or other financial aspects. Analysts have taken note of these results, though no specific upgrades or downgrades from investment firms have been mentioned. Investors will be keen to see how Myomo addresses these earnings challenges in future quarters. These developments are part of Myomo’s ongoing financial narrative as it navigates market expectations and operational dynamics.

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