Earth science tech CEO Saumat acquires $17,990 in common stock

Published 25/02/2025, 00:48
Earth science tech CEO Saumat acquires $17,990 in common stock

In a recent transaction filed with the Securities and Exchange Commission, Saumat Giorgio R., the CEO of Earth Science Tech, Inc. (OTC:ETST), purchased 100,000 shares of the company’s common stock. The shares were acquired on the open market at a price of $0.1799 per share, resulting in a total transaction value of $17,990. According to InvestingPro data, this insider purchase aligns with broader management share buying activity, while analysis suggests the stock is currently undervalued. Following this purchase, Saumat’s direct ownership in the company increased to 122,780,127 shares. Earth Science Tech is a pharmaceutical preparations company based in Miami, Florida, with a market capitalization of $62 million. The company has demonstrated strong performance with a 409% revenue growth and 72% gross margin in the last twelve months. InvestingPro subscribers have access to 8 additional key insights about ETST’s financial health and market position.

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