New insider activity at Beyond Air ( (XAIR) ) has taken place on March 18, 2025.
Robert Carey, the Executive Vice President and Chief Business Officer of Beyond Air, has made a significant investment by purchasing 1,000,000 shares of the company’s stock. This transaction is valued at $250,000, indicating a strong vote of confidence in the company’s future prospects.
Recent Updates on XAIR stock
In the last 24 hours, Beyond Air announced the expansion of its global distribution channels for the LungFit PH system, signing new agreements in France, Romania, Turkey, and Morocco. This expansion increases its international reach to 18 countries and is expected to accelerate the commercial ramp-up of LungFit PH internationally. The company is leveraging established medical device infrastructure and positive feedback from U.S. hospitals to drive this growth. Additionally, Ron Bentsur resigned from the board of directors, with no disagreements cited. Beyond Air’s stock performance year-to-date shows a decline of 30.56%, and the company is facing challenges such as the risk of Nasdaq delisting, which may affect investor sentiment and stock price targets.
More about Beyond Air
YTD Price Performance: -25.56%
Average Trading Volume: 1,675,093
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $23.71M
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