A Director at Sharps Compliance Corp (NASDAQ: SMED) is Buying Shares

By Carrie Williams

Today, a Director at Sharps Compliance Corp (SMEDResearch Report), Parris Holmes, bought shares of SMED for $132.3K.

Following this transaction Parris Holmes’ holding in the company was increased by 4.43% to a total of $3.21 million.

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Based on Sharps Compliance Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $9.45 million and GAAP net loss of $1.13 million. In comparison, last year the company earned revenue of $9.43 million and had a GAAP net loss of $757K. Currently, Sharps Compliance Corp has an average volume of 6,953.

Starting in September 2018, SMED received 4 Buy ratings in a row.

Parris Holmes’ trades have generated a 58.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Sharps Compliance Corp. engages in the provision of waste management services including medical, pharmaceutical, and hazardous. It focuses on developing cost-effective management solutions for medical waste and unused dispensed medications generated by small and medium quantity generators.