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American Picture House Corp (OTC:APHP) director Michael Charles Wilson has recently increased his stake in the company through a significant purchase of common shares. According to a Form 4 filing with the Securities and Exchange Commission, Wilson acquired 100,000 shares at a price of $0.10 each, totaling $10,000. This transaction, which took place on November 25, 2024, boosts Wilson’s total holdings to 200,000 shares in the company. The purchase price represents a significant discount to the current trading price of $0.25, with the stock trading between $0.14 and $0.35 over the past 52 weeks. InvestingPro data shows the company’s market capitalization stands at $28 million.
American Picture House Corp, which operates in the amusement and recreation services sector, has been under the leadership of Wilson, who serves on the board of directors. The purchase reflects his continued confidence in the company’s prospects, despite a YTD decline of 17%. The shares are held directly by Wilson, reinforcing his personal investment in the firm’s future. InvestingPro analysis reveals a GREAT financial health score of 3.13, with additional insights available to subscribers tracking insider trading patterns.
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