KORU MEDICAL SYSTEMS INC KRMD
COM · Common Stock · CUSIP 759910102
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersMahwah, NJ
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 45.3m as of 2022-11-09, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.57. Options: 2 managers hold calls ($12.1k notional), 3 hold puts ($357).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 40 |
| Q4 2022 | 42 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $0 | $2.0k | — |
| Q4 2022 | $12.1k | $357 | 0.03 |
Biggest buyers
| Meros Investment Management, LP | Added | +138.4k |
| 272 Capital LP | Added | +130.1k |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +105.0k |
| First Light Asset Management, LLC | Added | +64.3k |
| Parkman Healthcare Partners LLC | Added | +39.6k |
| Schonfeld Strategic Advisors LLC | New | +22.8k |
| CITADEL ADVISORS LLC | New | +19.8k |
| NewEdge Advisors, LLC | New | +13.9k |
| MORGAN STANLEY | Added | +10.6k |
| OSAIC HOLDINGS, INC. | Added | +10.6k |
Biggest sellers
| Altium Capital Management LLC | Reduced | -140.5k |
| ADIRONDACK RETIREMENT SPECIALISTS, INC. | Reduced | -76.4k |
| ALBION FINANCIAL GROUP /UT | Reduced | -55.5k |
| Virtu Financial LLC | Sold out | -18.9k |
| Almanack Investment Partners, LLC. | Sold out | -3.3k |
| WELLS FARGO & COMPANY/MN | Reduced | -2.0k |
| ROYAL BANK OF CANADA | Reduced | -1.7k |
| GROUP ONE TRADING LLC | Sold out | -100 |
| SIMPLEX TRADING, LLC | Reduced | -73 |
Biggest calls
| CITADEL ADVISORS LLC | New | $12.1k3.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $357100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | Reduced | $0100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Horton Capital Partners, LLC
13D · may seek influence
-1.4 pts · filed 2026-02-13
Stated purposeThe Reporting Persons acquired the shares of Common Stock for investment purposes. The purpose of this Amendment No. 12 is to disclose changes in the beneficial ownership of the shares of Common Stock held by the Reporting Persons including: (i) the issuance of shares of Common Stock to HCPF in consideration for Mr. Manko's service as a director of the Issuer (the "Director Shares"); (ii) that HCPF transferred shares of Common Stock to certain of its limited partners; and (iii) that HCP transferred shares of Common Stock to certain of its members, including Mr. Manko. On January 10, 2024, Horton Freedom, L.P., ("Horton Freedom") in accordance with its terms, transferred 453,231 shares of Common Stock to certain of its limited partners, representing the remaining pro-rata in-kind distribut… Full filing |
12.6% |
| Topline Capital Management, LLC 13G · institution filed 2026-02-13 | 8.5% |
| First Light Asset Management, LLC 13G · institution -2.2 pts · filed 2026-02-17 | 8.3% |
| BlackRock, Inc. 13G · institution +0.7 pts · filed 2026-07-29 | 5.6% |
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 2 | $105.6k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| First Light Asset Management, LLC 2.10% of their portfolio | 6.3m $22.6m | Added +64.3k |
| Archon Capital Management LLC 4.08% of their portfolio | 3.0m $10.6m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.3m $4.8m | Added +678 |
| 272 Capital LP 1.45% of their portfolio | 904.0k $3.2m | Added +130.1k |
| ALBION FINANCIAL GROUP /UT 0.30% of their portfolio | 876.5k $3.1m | Reduced -55.5k |
| Altium Capital Management LLC 1.56% of their portfolio | 855.0k $3.1m | Reduced -140.5k |
| Parkman Healthcare Partners LLC 0.69% of their portfolio | 723.1k $2.6m | Added +39.6k |
| Meros Investment Management, LP 0.91% of their portfolio | 432.8k $1.5m | Added +138.4k |
| BlackRock Inc. 0.00% of their portfolio | 345.3k $1.2m | Added +835 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 339.0k $1.2m | Added +3.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 302.4k $1.1m | Added +105.0k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 216.2k $771.9k | Unchanged |
| HighMark Wealth Management LLC 0.33% of their portfolio | 120.9k $431.7k | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 114.7k $409.4k | Unchanged |
| WASHINGTON TRUST Co 0.02% of their portfolio | 100.0k $357.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 97.0k $346.3k | Unchanged |
| ADIRONDACK RETIREMENT SPECIALISTS, INC. 0.28% of their portfolio | 69.1k $246.6k | Reduced -76.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 63.7k $227.5k | Unchanged |
| Lakewood Asset Management LLC 0.17% of their portfolio | 59.9k $214.0k | First filing |
| Alpha Paradigm Partners, LLC 0.07% of their portfolio | 45.8k $163.0k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 44.7k $160.0k | Added +24 |
| HighTower Advisors, LLC 0.00% of their portfolio | 38.4k $137.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 34.6k $123.0k | Added +10.6k |
| EAGLE ASSET MANAGEMENT INC 0.00% of their portfolio | 31.8k $112.0k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 27.8k $99.2k | Added +10.6k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 22.8k $81.4k | New |
| BARD ASSOCIATES INC 0.03% of their portfolio | 22.1k $78.8k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 21.4k $76.3k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 19.8k $70.6k | New |
| Souders Financial Advisors 0.01% of their portfolio | 15.1k $53.8k | Unchanged |
| Carlson Capital Management 0.00% of their portfolio | 15.0k $53.5k | Unchanged |
| Creative Planning 0.00% of their portfolio | 14.7k $52.4k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 13.9k $43.4k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 10.4k $37.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.0k $11.0k | Reduced -1.7k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 820 $2.9k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 265 $946 | Reduced -2.0k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 110 $0 | Reduced -73 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 89 $0 | Added +5 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 68 $242 | Added +67 |
| Glass Jacobson Investment Advisors llc 0.00% of their portfolio | 50 $178 | First filing |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |