An insider at KORU Medical Systems Inc (KRMD.O) purchased $1,418,481 worth of shares on the open market, a transaction volume that stands out as an outlier in the company’s recent trading history.
The buy order was executed under transaction code P, indicating a standard open-market purchase rather than a plan-based acquisition.
58 times the insider’s trailing median transaction size, which stands at just $24,636.
The scale of the trade is significant relative to the individual’s historical activity.
The purchase represents 57.58 times the insider’s trailing median transaction size, which stands at just $24,636.
Such a deviation from normal trading patterns often serves as a strong signal of internal confidence in the company’s near-term prospects or valuation floor.
Handelsavisen’s Smart Money Detector flagged the activity as an abnormal event, triggering an automatic review of our coverage thesis for KORU Medical.