Repro Med Systems Inc
NASDAQ:KRMD
During the last 3 months Repro Med Systems Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 44% over this period (open performance analysis).
The last transaction was made on
Dec 13, 2023
by
Manko Joseph M. Jr.
(Independent Director)
, who
bought
350k USD
worth of KRMD shares.
During the last 3 months Repro Med Systems Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 44% over this period (open performance analysis).
The last transaction was made on
Dec 13, 2023
by
Manko Joseph M. Jr.
(Independent Director)
, who
bought
350k USD
worth of KRMD shares.
Repro Med Systems Inc
Glance View
Repro-Med Systems, Inc. engages in the design, manufacture, and market of proprietary medical devices. The company is headquartered in Chester New York, New York and currently employs 77 full-time employees. The company is focused on the developing, manufacturing, and commercializing of specialty infusion solutions. The firm's products include the FREEDOM Infusion Systems, which consist of the FREEDOM60 Syringe Driver, the FreedomEdge Syringe Driver, HIgHFlo Subcutaneous Safety Needle Sets and Precision Flow Rate Tubing. The FREEDOM System operates at a lower pressure and maintains a balance between what a patient’s subcutaneous tissues can absorb and what the system delivers. The firm performs product assembly, calibration, pre- and post-assembly quality control inspection and testing, and final packaging for all its products at its Chester, New York facility.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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