Evolus CEO David Moatazedi sells $113,966 in stock

Published 26/12/2024, 23:32
Evolus CEO David Moatazedi sells $113,966 in stock

David Moatazedi, President and CEO of Evolus, Inc. (NASDAQ:EOLS), a company showing strong revenue growth of ~34% year-over-year and currently trading below its InvestingPro Fair Value, recently sold 10,502 shares of the company's common stock. The shares were sold at an average price of $10.8519 each, amounting to a total transaction value of $113,966. Following this sale, Moatazedi retains ownership of 522,847 shares. The transaction was executed under a Rule 10b5-1 trading plan, which was designed to cover tax withholding obligations related to the vesting of restricted stock units. With a healthy current ratio of 2.47 and analyst targets suggesting significant upside potential, InvestingPro subscribers can access detailed insider trading patterns and 12+ additional ProTips for deeper analysis of EOLS's financial health.

In other recent news, Evolus, Inc. hosted its third quarter 2024 earnings conference call, during which the company's financial position and operational progress were discussed. The call was led by Nareg Sagherian, Vice President and Head of Global Investor Relations, and included insights from several key members of the company's executive team. Forward-looking statements were presented, noting that actual results could differ due to various risks and uncertainties. The company also presented non-GAAP financial measures alongside GAAP results, with a reconciliation provided in the earnings release. The earnings release is publicly accessible on Evolus' website and the SEC's website. These developments are part of the company's recent activities. Analysts and investors should note that the company's forward-looking statements are subject to risks and uncertainties.

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