Electromed, Inc. (ELMD): Oak Partners, Llc Red , 10% owner of Electromed, Inc. purchased 78,082 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.84 per share for a total value of $299,488.19 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 22, 2016, Oak Partners, Llc Red (10% owner) purchased 97,012 shares at $3.56 per share price.On Nov 18, 2015, William Eckles (director) purchased 60,000 shares at $2.11 per share price.Also, On Nov 18, 2015, Kathleen Skarvan (CEO) purchased 5,000 shares at $2.00 per share price.On Mar 18, 2015, Stephen H. Craney (director) purchased 9,900 shares at $2.35 per share price.
Electromed: On Tuesday, May 10, 2016 heightened volatility was witnessed in Electromed which led to swings in the share price. The shares opened for trading at $4.46 and hit $4.63 on the upside , eventually ending the session at $4.63, with a gain of 0.43% or 0.02 points. The heightened volatility saw the trading volume jump to 75,565 shares. The 52-week high of the share price is $5.2 and the company has a market cap of $38 M . The 52-week low of the share price is at $1.55.
Electromed Inc. is a pharmaceutical company. The Company manufactures markets and sells products that provide airway clearance therapy including the SmartVest Airway Clearance System (SmartVest System) includes its newest generation SmartVest SQL and previous generation SV2100 and related products to patients with compromised pulmonary function. SmartVest SQL was designed developed and cleared by the FDA in December of 2013. The SmartVest System has been approved by the United States Food and Drug Administration (FDA) to treat the condition of excess lung secretions. It may be prescribed to patients suffering from cystic fibrosis chronic obstructive pulmonary disease muscular dystrophy post-surgical airway complications and a variety of other diseases and conditions associated with impaired lung and airway capacity. During the second half of fiscal year 30 June 2014 the Company launched next generation SmartVest System and the SmartVest SQL to the domestic homecare market.