Electromed, Inc. (NYSEMKT:ELMD) major shareholder Red Oak Partners, Llc sold 4,600 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $7.51, for a total transaction of $34,546.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Red Oak Partners, Llc also recently made the following trade(s):

  • On Friday, September 22nd, Red Oak Partners, Llc sold 7,455 shares of Electromed stock. The stock was sold at an average price of $7.40, for a total transaction of $55,167.00.
  • On Wednesday, September 20th, Red Oak Partners, Llc sold 184,336 shares of Electromed stock. The stock was sold at an average price of $7.53, for a total value of $1,388,050.08.
  • On Thursday, September 21st, Red Oak Partners, Llc sold 262,475 shares of Electromed stock. The stock was sold at an average price of $7.52, for a total value of $1,973,812.00.

Electromed, Inc. (NYSEMKT ELMD) traded up 0.82% during trading on Tuesday, hitting $7.41. The stock had a trading volume of 42,332 shares. The company has a market capitalization of $61.21 million, a P/E ratio of 28.50 and a beta of 0.89. The stock’s 50-day moving average price is $6.97 and its 200-day moving average price is $5.66. Electromed, Inc. has a 1-year low of $3.38 and a 1-year high of $7.96.

Electromed (NYSEMKT:ELMD) last announced its quarterly earnings data on Tuesday, September 5th. The medical equipment provider reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.05. Electromed had a net margin of 13.01% and a return on equity of 20.48%. The company had revenue of $7.27 million for the quarter. Analysts expect that Electromed, Inc. will post $0.19 earnings per share for the current year.

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Hedge funds and other institutional investors have recently modified their holdings of the company. Essex Investment Management Co. LLC purchased a new stake in shares of Electromed during the second quarter valued at approximately $166,000. Globeflex Capital L P increased its position in shares of Electromed by 64.7% during the second quarter. Globeflex Capital L P now owns 31,475 shares of the medical equipment provider’s stock valued at $174,000 after acquiring an additional 12,368 shares in the last quarter. Spark Investment Management LLC increased its position in shares of Electromed by 47.4% during the first quarter. Spark Investment Management LLC now owns 61,316 shares of the medical equipment provider’s stock valued at $302,000 after acquiring an additional 19,716 shares in the last quarter. Algert Global LLC increased its position in shares of Electromed by 7.2% during the second quarter. Algert Global LLC now owns 58,460 shares of the medical equipment provider’s stock valued at $323,000 after acquiring an additional 3,925 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Electromed by 12.2% during the first quarter. Dimensional Fund Advisors LP now owns 143,127 shares of the medical equipment provider’s stock valued at $706,000 after acquiring an additional 15,559 shares in the last quarter.

About Electromed

Electromed, Inc develops, manufactures and markets airway clearance products, which apply High Frequency Chest Wall Oscillation (HFCWO) therapy in pulmonary care for patients of all ages. The Company’s products include the SmartVest Airway Clearance System (SmartVest System), the SmartVest SQL System and others.

Insider Buying and Selling by Quarter for Electromed (NYSEMKT:ELMD)

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