In recent transactions, Giorgio R. Saumat, the CEO of Earth Science Tech, Inc. (OTC:ETST), acquired a significant amount of the company’s stock. According to the latest SEC Form 4 filing, Saumat bought shares worth $155,757. These transactions took place on several dates, with prices ranging from $0.129 to $0.2199 per share. The insider’s purchase comes as the company, now valued at $45.4 million, has delivered impressive returns with a 100% profit last year. InvestingPro The analysis shows that the stock is currently trading below its Fair Value.
The acquisitions were made in the open market, indicating Saumat’s direct ownership of the shares. In the latest transaction, Saumat’s total holdings in Earth Science Tech amounted to 122,680,127 shares. According to InvestingPro data, the company maintains excellent financial health with a perfect Piotroski Score of 9 and strong operational metrics. The purchases highlight the continued commitment of the company, which operates in the pharmaceutical preparation sector. Subscribers to InvestingPro access 8 additional exclusive insights about ETST’s financial performance and growth potential.
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