In a recent move that signals confidence in Earth Science Tech, Inc. (OTC:ETST), the company's Chief Operating Officer, Mario Guillermo Tabraue, has purchased additional shares worth $2,550. The transaction, which took place on August 2nd, involved the acquisition of 15,000 shares at a price of $0.17 each.
This purchase by the COO is notable as it increases his direct ownership stake in the company to a total of 12,356,023 shares. The acquisition was made on the open market, as noted in the remarks section of the filing.
Investors often view such purchases by company insiders as a positive sign that the leadership has a bullish outlook on the company's future prospects. Earth Science Tech, Inc. operates in the pharmaceutical preparations industry and has been previously known as Ultimate Novelty Sports Inc. before its name change.
It's worth noting that insider transactions are closely watched by investors for insights into a company's health and the sentiments of its key executives. The recent purchase by Earth Science Tech's COO is a public record that provides transparency into the actions of the company's management team.
InvestingPro Insights
Earth Science Tech, Inc. (OTC:ETST) has recently drawn attention with the company's COO, Mario Guillermo Tabraue, increasing his stake in the company. This move aligns with several positive indicators from the InvestingPro platform. For instance, Earth Science Tech boasts a perfect Piotroski Score of 9, suggesting that the company's financial situation is strong across multiple accounting dimensions. This could be a factor that influenced the COO's decision to invest further in the company.
Despite recent price declines, with the stock taking a significant hit over the last week and month, the company shows a strong return over the last year, with a 151.83% price total return, as indicated by InvestingPro metrics. Moreover, the stock's high return over the last three months, at 51.1%, and a large price uptick over the last six months, at 122.21%, highlight a potential turnaround or positive momentum that could be of interest to investors.
From a financial perspective, Earth Science Tech's P/E Ratio stands at 24.23, with a remarkably high Revenue Growth of 7462.31% in the last twelve months as of Q1 2025. Additionally, the company's Gross Profit Margin is robust at 69.4%, reflecting efficient operations and potentially a competitive edge in its industry.
For those interested in further insights, InvestingPro offers additional tips on Earth Science Tech, Inc., with a total of 13 InvestingPro Tips available at https://www.investing.com/pro/ETST. These tips could provide investors with a more comprehensive understanding of the company's financial health and market position.
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