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IRIDEX Corp. (IRIX) CFO James H Mackaness buys 2,000 Shares

March 13, 2009 | About:

CFO of IRIDEX Corp. (NASDAQ:IRIX) James H Mackaness buys 2,000 shares of IRIX on 03/13/2009 at an average price of $0.84 a share.

IRIDEX Corporation is the leading worldwide provider of semiconductor-based laser systems used to treat eye diseases in ophthalmology and skin lesions in dermatology. The products are sold in the United States predominantly through a direct sales force and internationally through independent distributors. The company markets the products using three brand names: IRIS Medical to the ophthalmology market IRIDERM to the dermatology market and Light Solutions to the research market. IRIDEX Corp. has a market cap of $6.9 million; its shares were traded at around $0.77 with and P/S ratio of 0.1.

Recent Trades of IRIDEX Corp. by CEO:



  • Buy: President, CEO and Chairman, Director Theodore A Boutacoff bought 5,000 shares of IRIX stock on 11/20/2008 at the average price of $1.02; the price of the stock has decreased by 24.51% since.


Recent Trades of IRIDEX Corp. by CFO:


  • Buy: CFO James H Mackaness bought 2,000 shares of IRIX stock on 03/13/2009 at the average price of $0.84; the price of the stock has decreased by 8.33% since.


Recent Trades of IRIDEX Corp. by Directors and Officers:


  • Buy: 10% Owner Partners, L.l.c. Blueline bought 60,000 shares of IRIX stock on 02/04/2009 at the average price of $0.7; the price of the stock has increased by 10% since.
  • Buy: 10% Owner Partners, L.l.c. Blueline bought 40,000 more shares of IRIX stock on 02/03/2009 at the average price of $0.7; the price of the stock has increased by 10% since.
  • Buy: 10% Owner Partners, L.l.c. Blueline bought 40,000 more shares of IRIX stock on 01/30/2009 at the average price of $0.73; the price of the stock has increased by 5.48% since.
  • Buy: 10% Owner Partners, L.l.c. Blueline bought 10,000 more shares of IRIX stock on 12/31/2008 at the average price of $0.8; the price of the stock has decreased by 3.75% since.
  • Buy: 10% Owner Partners, L.l.c. Blueline bought 13,000 more shares of IRIX stock on 12/22/2008 at the average price of $0.8; the price of the stock has decreased by 3.75% since.


  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Rating: 1.5/5 (2 votes)

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GuruFocus has detected 2 Warning Signs with IRIDEX Corp $IRIX.
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