John Garrett DeLuca, the Chief Financial Officer of Envela Corp (NYSE:ELA), recently purchased additional shares of the company. According to a filing with the Securities and Exchange Commission, DeLuca acquired 125 shares of Envela Corp at a price of $7.48 per share, totaling approximately $935. The purchase price sits near the stock's 52-week high of $7.41, with the company showing impressive momentum through a 62.5% return over the past year. InvestingPro data reveals strong financial health with a current ratio of 4.76, indicating robust liquidity. Following this transaction, DeLuca now owns 2,271 shares directly. This transaction reflects DeLuca's continued investment in the retail jewelry company based in Irving, Texas. InvestingPro subscribers can access 10+ additional investment tips and detailed insider trading analysis for Envela Corp to make more informed investment decisions.
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