SANUWAVE Health, Inc.

SANUWAVE Health, Inc.

SNWV·NASDAQ

$15.60

+1.3%
HealthcareMedical - Devices

SANUWAVE Health, Inc., a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures. The company's lead regenerative product is the dermaPACE device for treating diabetic foot ulcers. Its portfolio of healthcare products and product candidates activate biologic signaling and angiogenic responses, including new vascularization and microcirculatory improvement, which helps to restore the body's normal healing processes and regeneration. The company also focuses on applying its Pulsed Acoustic Cellular Expression technology in wound healing, orthopedic, plastic/cosmetic, and cardiac conditions. In addition, it offers UltraMIST, non-contact and non-thermal ultrasound therapy device used to treat diabetic foot ulcers, pressure ulcers, venous leg ulcers, deep tissue pressure injuries, and surgical wounds; and orthoPACE system to treat tendinopathies and acute and nonunion fractures. The company was founded in 2005 and is headquartered in Suwanee, Georgia.

At a Glance

Live Snapshot
Market Cap$134.14M
EPS1.3800
P/E Ratio11.30
Earnings Date08/14/2026
19.41%
Return on Invested Capital
-53%
3Y-96.0%
5Y-103.0%
10Y-94.0%
729.65%
Return on Equity
196%
3Y+2807.0%
5Y+224.0%
10Y+683.0%
31.63%
Return on Assets
-130%
3Y-161.0%
5Y-124.0%
10Y-105.0%
SANUWAVE Health, Inc.

SANUWAVE Health, Inc. Management Team

SNWV · NASDAQ
MN

Ms. Nanci Gilmore

Chief Commercial Officer

Compensation

$297,200

Born 1972(Age 54)
female
MM

Mr. Morgan C. Frank

Chief Executive Officer & Chairman

Compensation

$4

Born 1973(Age 53)
male
MP

Mr. Peter Sorensen

Chief Financial Officer

Born 1993(Age 33)
male
MP

Mr. Peter Stegagno

Chief Operating Officer

Compensation

$247,833

Born 1960(Age 66)
male
DI

Dr. Iulian Cioanta Ph.D.

Chief Science & Technology Officer

Compensation

$233,678

Born 1963(Age 63)
MT

Mr. Timothy Wern

Executive Vice President of Sales - U.S. Wound

Born 1968(Age 58)
male
MA

Mr. Andrew Walko

President

Compensation

$230,000

Born 1985(Age 41)
male
snwv

SANUWAVE Health, Inc. Insider Positioning

SNWV · NASDAQ

During the last 12 months, insiders have purchased $303K and sold $6.95M worth of SNWV shares, resulting in $6.65M of net selling activity.

3 Months

Bought

0

0.00

Sold

112.7K

2.00M

Net Activity

-2.0M

-$2.00M

3-6 Months

Bought

0

0.00

Sold

162.8K

4.95M

Net Activity

-4.9M

-$4.95M

6-9 Months

Bought

1.3K

38.36K

Sold

0

0.00

Net Activity

+38K

+$38K

9-12 Months

Bought

8.1K

265.08K

Sold

529

11.90K

Net Activity

+253K

+$253K

Top Buyers

1
MID

Miller Ian D.

Director

1.8K shares1 transactions

$58K

2
TJ

Tyler James

Director

1.6K shares1 transactions

$52K

3
BGM

Bazar Gregory Matthew

Director

1.6K shares1 transactions

$52K

4
FMC

Frank Morgan C.

Director, 10 Percent Owner, Officer: Chief Executive Officer

1.6K shares1 transactions

$52K

5
BJ

Blizard Jeffrey

Director

1.6K shares1 transactions

$52K

Top Sellers

1
MMCL

Manchester Management Co Llc

Other: Director By Deputization

162.8K shares5 transactions

$4.95M

2
OMI

Opaleye Management Inc.

10 Percent Owner

112.7K shares6 transactions

$2.00M

3
SP

Stegagno Peter

Officer: Chief Operating Officer

529 shares1 transactions

$12K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.65M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.04:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$2.00M

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

Moderate Buying

5 insider buyers vs. 3 sellers. More insiders buying than selling indicates positive sentiment.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

SEC Filings

SNWV - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
June 11, 2026
2026
DEF 14A

DEF 14A 2025

N/A

July 10, 2025
August 19, 2025
2025
DEF 14A

DEF 14A 2024

N/A

July 18, 2024
July 18, 2024
2024
DEF 14A

DEF 14A 2022

N/A

November 18, 2022
November 18, 2022
2022
DEF 14A

DEF 14A 2020

N/A

December 14, 2020
December 30, 2020
2020
DEF 14A

DEF 14A 2020

N/A

June 26, 2020
July 23, 2020
2020
DEF 14A

DEF 14A 2015

N/A

June 25, 2015
July 29, 2015
2015
Showing 1 to 7 of 7 filings