Jeffrey Holman, CEO of Healthy Choice Wellness Corp (HCWC, Financial), purchased 10,000 shares of the company on September 17, 2024, according to a recent SEC filing. This transaction increased the insider's total holdings to 809,558 shares.
Healthy Choice Wellness Corp, a company listed on the stock exchange, operates in the health and wellness sector, providing products and services aimed at enhancing personal health and well-being.
The shares were bought at a price of $10 each, valuing the transaction at $100,000. Following this purchase, the market cap of Healthy Choice Wellness Corp stands at $34.075 million.
Over the past year, Jeffrey Holman has engaged in the purchase of 10,000 shares and has not sold any shares. The insider transaction history for the company shows a total of 3 insider buys and no insider sells over the same period.
Insider buying can often be seen as a positive signal about the company's future prospects from those closest to its operations. However, investors are always advised to consider the broader market conditions and additional data such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow to make informed investment decisions.
For more detailed valuation, investors might also consider the GF Value of the stock to assess its intrinsic value relative to its current trading price.
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.
