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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.
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