Eon Resources Inc.: director Joseph Salvucci buys $12,071 in stock

Published 21/03/2025, 14:50
Eon Resources Inc.: director Joseph Salvucci buys $12,071 in stock

Joseph V. Salvucci Sr., a director at EON Resources Inc. (NASDAQ:EONR), recently acquired additional shares of the company’s Class A Common Stock. According to a recent SEC filing, Salvucci purchased a total of 20,000 shares on March 20, 2025, with transactions priced between $0.5955 and $0.6125 per share. The stock has shown strong momentum, gaining over 38% in the past week, though InvestingPro analysis indicates the shares are currently trading above their Fair Value. The total value of these transactions amounts to approximately $12,071. Following these purchases, Salvucci’s total holdings in the company increased to 1,335,750 shares. The transactions were made through JVS Alpha Property, LLC, a company in which Salvucci holds a 100% ownership interest. With a market capitalization of $5.76 million and analyst price target of $4.50, InvestingPro subscribers can access 12 additional investment tips and comprehensive financial metrics to evaluate this volatile stock’s potential.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.