Big Shares Sale for Ophthalmic
By Dale Kasler, The Sacramento Bee, Calif.
Feb. 22–The parent company of Ophthalmic Imaging Systems, a Sacramento maker of digital diagnostic equipment for eye doctors, has sold 1 million shares of Ophthalmic stock to a mutual fund company.
Ophthalmic said its major shareholder, MediVision Ltd., sold the 1 million shares at $1.80 a share to Wasatch Advisors Inc. of Salt Lake City.
With this latest transaction, MediVision now has sold nearly 2.8 million shares of Ophthalmic stock in the past year and a half.
Ophthalmic shares closed at $1.96 a share Tuesday, up 6 cents, on the over-the-counter bulletin board market.
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