Electromed, Inc. (NYSEMKT:ELMD) major shareholder Red Oak Partners, Llc sold 4,600 shares of Electromed stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $7.51, for a total value of $34,546.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more 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 Tuesday, October 3rd, Red Oak Partners, Llc sold 34,858 shares of Electromed stock. The stock was sold at an average price of $7.50, for a total value of $261,435.00.
  • 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 value 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.

Shares of Electromed, Inc. (NYSEMKT:ELMD) opened at 7.28 on Thursday. Electromed, Inc. has a 12 month low of $3.38 and a 12 month high of $7.96. The firm has a market cap of $60.13 million, a PE ratio of 28.00 and a beta of 0.89. The firm’s 50-day moving average price is $7.01 and its 200-day moving average price is $5.67.

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

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Institutional investors and hedge funds have recently made changes to their positions in the company. Essex Investment Management Co. LLC acquired a new stake in shares of Electromed during the second quarter worth about $166,000. Globeflex Capital L P boosted its stake 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 worth $174,000 after buying an additional 12,368 shares during the period. Algert Global LLC boosted its stake 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 worth $323,000 after buying an additional 3,925 shares during the period. Spark Investment Management LLC boosted its stake 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 worth $302,000 after buying an additional 19,716 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake 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 worth $706,000 after buying an additional 15,559 shares during the period.

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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