Dave Offerman, President and CEO of IEH Corp (OTC:IEHC), recently executed a series of stock sales totaling $142,143. These transactions, reported on November 18, involved the sale of common stock at prices ranging from $9.00 to $9.75 per share.
The sales, which took place on November 14, involved 10,000 shares sold at $9.00 per share, 565 shares at $9.75 per share, and 4,783 shares also at $9.75 per share. Following these transactions, Offerman holds 390,000 shares indirectly and 100 shares directly.
According to the filing, some of the shares were previously gifted to the 2020 David Offerman Trust, where Offerman is the sole trustee and beneficiary.
InvestingPro Insights
As we analyze Dave Offerman's recent stock sales at IEH Corp, it's worth considering some key financial metrics and insights provided by InvestingPro. The company's market capitalization stands at $21.42 million, reflecting its small-cap status in the market.
IEH Corp has shown impressive revenue growth, with a 30.09% increase over the last twelve months as of Q2 2025, and an even more substantial 52.59% quarterly growth in the same period. This strong top-line performance aligns with one of the InvestingPro Tips, which notes that the company has seen a "large price uptick over the last six months." Indeed, the stock's 6-month price total return stands at an impressive 45.16%, despite recent short-term declines.
However, investors should be aware that IEH Corp is currently trading at a high P/E ratio of 155.17, which is significantly above market averages. This valuation metric is highlighted in another InvestingPro Tip, which states that the company is "trading at a high earnings multiple." This high multiple could suggest that the market has priced in expectations of continued strong growth or that the stock may be overvalued at current levels.
For those interested in a deeper analysis, InvestingPro offers 11 additional tips for IEH Corp, providing a more comprehensive view of the company's financial health and market position.
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