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: 45.7m as of 2024-03-13, 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 ≈ $2.36. Options: 3 managers hold calls ($10.4k notional), 1 hold puts ($0).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 40 |
| Q4 2022 | 42 |
| Q1 2023 | 55 |
| Q2 2023 | 63 |
| Q3 2023 | 56 |
| Q4 2023 | 59 |
| Q1 2024 | 60 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 16 | 9 |
| Q1 2023 | 29 | 10 |
| Q2 2023 | 39 | 17 |
| Q3 2023 | 22 | 25 |
| Q4 2023 | 26 | 19 |
| Q1 2024 | 27 | 24 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $21.2k | $4.8k | 0.23 |
| Q3 2023 | $6.8k | $6.8k | 1.00 |
| Q4 2023 | $8.2k | $3.2k | 0.39 |
| Q1 2024 | $10.4k | $0 | 0.00 |
Biggest buyers
| MORGAN STANLEY | Added | +287.9k |
| Archon Capital Management LLC | Added | +230.5k |
| Meros Investment Management, LP | Added | +140.7k |
| First Light Asset Management, LLC | Added | +57.3k |
| VANGUARD GROUP INC | Added | +51.9k |
| RENAISSANCE TECHNOLOGIES LLC | New | +49.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +39.9k |
| MILLENNIUM MANAGEMENT LLC | New | +31.5k |
| CITADEL ADVISORS LLC | Added | +30.0k |
| Virtu Financial LLC | New | +26.8k |
Biggest sellers
| KEYBANK NATIONAL ASSOCIATION/OH | Sold out | -216.2k |
| 272 Capital LP | Reduced | -81.5k |
| BlackRock Inc. | Reduced | -65.4k |
| EAGLE ASSET MANAGEMENT INC | Sold out | -54.1k |
| ALBION FINANCIAL GROUP /UT | Reduced | -27.5k |
| ROYAL BANK OF CANADA | Reduced | -27.0k |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -25.6k |
| BARCLAYS PLC | Reduced | -23.1k |
| Empire Financial Management Company, LLC | Reduced | -20.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -19.8k |
Biggest calls
| SIMPLEX TRADING, LLC | Unchanged | $8.0k3.6k shares |
| CITADEL ADVISORS LLC | Added | $2.4k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 Q1 2024
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 |
|---|---|---|---|---|---|
| Q2 2022 | 2 | $105.6k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 3 | $114.8k | 0 | — | — |
| Q4 2023 | 1 | $350.0k | 1 | $350.0k | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| First Light Asset Management, LLC 0.94% of their portfolio | 5.2m $12.3m | Added +57.3k |
| Archon Capital Management LLC 4.40% of their portfolio | 4.0m $9.3m | Added +230.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.0m $4.6m | Added +51.9k |
| BlackRock Inc. 0.00% of their portfolio | 1.6m $3.8m | Reduced -65.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 766.2k $1.8m | Added +4.7k |
| 272 Capital LP 0.70% of their portfolio | 743.1k $1.8m | Reduced -81.5k |
| ALBION FINANCIAL GROUP /UT 0.14% of their portfolio | 741.4k $1.7m | Reduced -27.5k |
| Meros Investment Management, LP 0.70% of their portfolio | 666.5k $1.6m | Added +140.7k |
| STATE STREET CORP 0.00% of their portfolio | 486.9k $1.1m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 468.6k $1.1m | Reduced -15.8k |
| MORGAN STANLEY 0.00% of their portfolio | 439.0k $1.0m | Added +287.9k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 327.5k $772.9k | Reduced -25.6k |
| HighMark Wealth Management LLC 0.18% of their portfolio | 120.9k $285.4k | Unchanged |
| WASHINGTON TRUST Co 0.01% of their portfolio | 100.0k $236.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 97.0k $228.9k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 94.5k $223.0k | Added +30.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 92.7k $218.8k | Unchanged |
| Empire Financial Management Company, LLC 0.07% of their portfolio | 87.0k $205.3k | Reduced -20.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 83.5k $197.0k | Reduced -14.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 62.2k $146.7k | Added +7.3k |
| Lakewood Asset Management LLC 0.10% of their portfolio | 59.9k $141.4k | Unchanged |
| WHITE PINE CAPITAL LLC 0.05% of their portfolio | 58.1k $126.1k | Added +2.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 57.3k $135.3k | Added +39.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 49.3k $116.0k | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 47.1k $111.2k | Added +78 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 42.6k $100.6k | Added +642 |
| Invesco Ltd. 0.00% of their portfolio | 39.7k $93.8k | Added +24.2k |
| HighTower Advisors, LLC 0.00% of their portfolio | 38.4k $91.0k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 36.2k $85.4k | Reduced -4.3k |
| UBS Group AG 0.00% of their portfolio | 35.9k $84.7k | Added +803 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 31.5k $74.4k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 31.2k $73.7k | Added +1.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 30.6k $72.3k | Reduced -2.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 30.4k $71.7k | Reduced -19.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 29.3k $69.1k | Reduced -16.0k |
| Virtu Financial LLC 0.00% of their portfolio | 26.8k $63.0k | New |
| BARD ASSOCIATES INC 0.02% of their portfolio | 26.4k $62.3k | Reduced -300 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 25.6k $60.4k | New |
| Advisor Resource Council 0.03% of their portfolio | 25.5k $62.6k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 25.3k $59.7k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 25.0k $59.1k | Reduced -23.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 21.0k $49.5k | Added +380 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 18.1k $42.6k | Reduced -11.0k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 16.9k $40.0k | Reduced -145 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 16.2k $38.0k | Reduced -27.0k |
| Souders Financial Advisors 0.01% of their portfolio | 15.1k $35.6k | Unchanged |
| Carlson Capital Management 0.00% of their portfolio | 15.0k $35.4k | Unchanged |
| Creative Planning 0.00% of their portfolio | 14.8k $35.0k | Added +158 |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 11.0k $25.9k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 10.3k $24.4k | Added +1.4k |
| CITIGROUP INC 0.00% of their portfolio | 5.7k $13.4k | Added +753 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 5.5k $13.0k | Added +1.0k |
| Legal & General Group Plc 0.00% of their portfolio | 4.2k $9.9k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 2.9k $6.8k | Unchanged |
| FMR LLC 0.00% of their portfolio | 2.1k $4.9k | Reduced -1.5k |
| AMALGAMATED BANK 0.00% of their portfolio | 1.2k $3.0k | Reduced -3.8k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 820 $1.9k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 519 $1.2k | New |
| Avior Wealth Management, LLC 0.00% of their portfolio | 5 $11 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |