Thomas Edward Adams, Chief Financial Officer at KORU Medical Systems, Inc. (KRMD), bought 5,500 shares at $3.86 ($21K) on 2026-05-14, disclosed to the SEC on 2026-05-18.
KORU Medical Systems CFO Thomas Edward Adams purchased 5,041 shares for $19,458, marking the largest insider purchase in the company's history. This bullish signal comes as the stock trades near a 52-week low following a strong Q2 earnings beat.
KRMD is down 17.88% over the last 90 days and is currently trading 41.96% below its 52-week high of $6.61, despite a 30% gain over the past year.
1) Q2 2026 earnings on August 12, 2026, where the company reported record revenue and its first profitable quarter since 2019. 2) Q2 2026 earnings on August 5, 2026, where earnings and revenues beat estimates by +150.00% and +2.78% respectively. 3) The largest insider purchase in company history occurred on May 14, 2026, signaling strong conviction from the CFO.
The stock faces a short interest risk of 2.12% of the float, and recent news highlights international headwinds and the withdrawal of the FESGO product.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.86 | 5,041 | $19K | 91.6% |
| 2 | $3.90 | 459 | $2K | 8.4% |
| Total | $3.86 avg | 5,500 | $21K | 100% |