GuruFocus - On May 22, 2024, Hua Wang, the Chief Financial Officer and Secretary of Rubber Leaf Inc (RLEA), sold 50,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 2,528,591 shares of Rubber Leaf Inc.
Rubber Leaf Inc is engaged in the production and distribution of various rubber-based products, serving multiple industries including automotive, healthcare, and consumer goods. The company's innovative approach to sustainable rubber has positioned it as a key player in the sector.
Over the past year, the insider has sold a total of 68,726 shares and has not made any purchases. This recent sale is part of a broader trend observed within the company, where there have been five insider sells and no insider buys over the past year.
On the date of the sale, shares of Rubber Leaf Inc were trading at $3.5 each, resulting in a market cap of approximately $238.435 million. The company's valuation metrics, such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are accessible for further details on the company's financial health and stock valuation.
The following image illustrates the trend in insider transactions at Rubber Leaf Inc over the past year:
Investors and stakeholders often monitor insider transactions as they can provide valuable insights into the company's internal perspective on the stock's value and future prospects.
For more detailed information on the valuation of Rubber Leaf Inc, including the GF Value, investors are encouraged to review the company's financial metrics and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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