Carrie Smith Cox Acquires 7,300 Shares of Electrocore (ECOR) Stock

Electrocore (NASDAQ:ECOR) Director Carrie Smith Cox bought 7,300 shares of the business’s stock in a transaction dated Monday, December 3rd. The shares were bought at an average cost of $6.79 per share, with a total value of $49,567.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of ECOR stock traded down $0.03 on Thursday, reaching $6.54. 249 shares of the company were exchanged, compared to its average volume of 85,824. Electrocore has a 1 year low of $5.40 and a 1 year high of $20.25.

Electrocore (NASDAQ:ECOR) last released its earnings results on Tuesday, November 13th. The company reported ($0.45) EPS for the quarter, hitting analysts’ consensus estimates of ($0.45). The company had revenue of $0.15 million for the quarter. As a group, equities analysts anticipate that Electrocore will post -1.13 EPS for the current fiscal year.



A number of analysts have recently commented on the stock. Zacks Investment Research cut shares of Electrocore from a “hold” rating to a “sell” rating in a research note on Wednesday. BTIG Research reissued a “buy” rating on shares of Electrocore in a research note on Thursday, November 15th. Finally, Cantor Fitzgerald assumed coverage on shares of Electrocore in a research note on Friday, September 21st. They set an “overweight” rating for the company.

Hedge funds have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. purchased a new stake in Electrocore during the 3rd quarter valued at about $140,000. Point72 Asset Management L.P. purchased a new stake in Electrocore during the 2nd quarter valued at about $206,000. SCP Investment LP purchased a new stake in Electrocore during the 3rd quarter valued at about $260,000. Bfsg LLC purchased a new stake in Electrocore during the 3rd quarter valued at about $301,000. Finally, Citadel Advisors LLC purchased a new stake in Electrocore during the 2nd quarter valued at about $427,000. 16.31% of the stock is owned by institutional investors and hedge funds.

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Electrocore Company Profile

electroCore, LLC, a bioelectronic medicine company, engages in developing a range of patient-administered non-invasive vagus nerve stimulation therapies for the treatment of various conditions in neurology, rheumatology, and other fields. It is developing gammaCore, a prescription-only vagus nerve stimulation therapy, for the acute treatment of pain associated with migraine and episodic cluster headache in adults.

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