In recent transactions, Giorgio R. Saumat, the CEO of Earth Science Tech, Inc. (OTC:ETST), acquired a significant amount of company stock. According to the latest SEC Form 4 filing, Saumat purchased shares totaling $155,757. These transactions occurred over several dates, with prices ranging from $0.129 to $0.2199 per share. The insider buying comes as the company, currently valued at $45.4 million, has delivered impressive returns with a 100% gain over the past year. InvestingPro analysis indicates the stock is currently trading below its Fair Value.
The acquisitions were made on the open market, reflecting Saumat's direct ownership of the shares. As of 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 underscore a continued commitment to the company, which operates in the pharmaceutical preparations sector. Subscribers to InvestingPro can access 8 additional exclusive insights about ETST's financial performance and growth potential.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.