In a recent transaction, Mario Guillermo Tabraue, the Chief Operating Officer (COO) of Earth Science Tech, Inc. (OTCMKTS:ETST), has acquired additional shares in the company. The transaction, which took place on July 11, 2024, involved the purchase of 20,000 shares of common stock at a price of $0.249 per share, totaling an investment of $4,980.
This purchase was executed on the open market, signaling a vote of confidence from the COO in the company's prospects. Following this transaction, Tabraue's total holdings in Earth Science Tech have increased to 12,331,023 shares.
Earth Science Tech, Inc., based in Nevada, operates within the pharmaceutical preparations sector and is known for its work in the life sciences field. The company, formerly known as Ultimate Novelty Sports Inc., has been involved in developing and commercializing innovative products for various health and wellness sectors.
Investors often monitor insider transactions such as these for insights into executive sentiment towards their own company's financial health and future performance. The recent acquisition by Tabraue is a direct ownership transaction, which typically reflects a personal stake and long-term interest in the company's success.
Shareholders and potential investors in Earth Science Tech can stay informed about further insider transactions by following the company's filings and public disclosures.
InvestingPro Insights
In light of the recent insider transaction by Earth Science Tech, Inc.'s (OTCMKTS:ETST) COO, investors may find the following data and tips from InvestingPro of interest. The company's market capitalization stands at $80.36 million, reflecting its size within the pharmaceutical preparations sector. Despite a challenging week with a price total return of -11.54%, the company exhibits a strong one-year price total return of 360.0%, underscoring a significant appreciation in the stock's value over the past year.
One of the InvestingPro Tips notes that Earth Science Tech is trading at a low P/E ratio relative to its near-term earnings growth, which may appeal to value-oriented investors seeking growth potential. Additionally, the company's PEG ratio for the last twelve months as of Q4 2024 is 0.46, suggesting that the stock may be undervalued relative to its earnings growth trajectory.
InvestingPro also highlights that Earth Science Tech operates with a moderate level of debt, which can be a reassuring factor for investors concerned with financial stability. The company's strong gross profit margin of 65.49% in the same period indicates a healthy ability to generate profits from its revenues.
For those looking to delve deeper into Earth Science Tech's financials and potential, InvestingPro offers additional tips. There are 15 more InvestingPro Tips available, which can provide further insights into the company's valuation, liquidity, and performance metrics. Interested readers can access these tips by visiting https://www.investing.com/pro/ETST.
To enhance your investing research, use the coupon code PRONEWS24 to get up to 10% off a yearly Pro and a yearly or biyearly Pro+ subscription at InvestingPro. This exclusive offer can provide investors with a comprehensive suite of tools and analyses to make informed decisions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.