John Garrett DeLuca, the Chief Monetary Officer of Envela Corp (NYSE:ELA), just lately bought further shares of the corporate. Based on a submitting with the Securities and Alternate Fee, DeLuca acquired 125 shares of Envela Corp at a worth of $7.48 per share, totaling roughly $935. The acquisition worth sits close to the inventory’s 52-week excessive of $7.41, with the corporate exhibiting spectacular momentum via a 62.5% return over the previous yr. InvestingPro information reveals robust monetary well being with a present ratio of 4.76, indicating strong liquidity. Following this transaction, DeLuca now owns 2,271 shares straight. This transaction displays DeLuca’s continued funding within the retail jewellery firm primarily based in Irving, Texas. InvestingPro subscribers can entry 10+ further funding suggestions and detailed insider buying and selling evaluation for Envela Corp to make extra knowledgeable funding choices.
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