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Wayne D. Williams, the CEO and President of Callan JMB Inc. (NASDAQ:CJMB), recently purchased a significant amount of the company’s common stock. According to a recent filing, Williams acquired a total of 63,125 shares on February 5, 2025, at a consistent price of $4.00 per share. The transactions amount to a total value of $252,500. The purchase comes as the stock trades near InvestingPro’s Fair Value, with shares currently at $4.40, representing a 10% premium to Williams’ purchase price.
The purchases were executed in three separate transactions. Williams directly acquired 12,500 shares, while the remaining shares were acquired indirectly. Specifically, 25,625 shares were bought through Warehouse Asset Management, LLC, in which Williams holds a 41% ownership interest. Additionally, 25,000 shares were purchased by Health Hero America, LLC, a company solely owned by Williams. The company, with a market capitalization of $19.55 million, maintains strong liquidity with a current ratio of 3.51.
Following these acquisitions, Williams’ direct ownership in Callan JMB Inc. stands at 2,262,500 shares. InvestingPro analysis reveals the stock exhibits high price volatility and trades at a Price/Book multiple of 4.43. Subscribers can access 5 additional ProTips and comprehensive financial metrics to better evaluate this insider purchase.
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