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Director John Spagnolo JR of Innovative Designs Inc (NASDAQ:IVDN), a $10.15 million market cap company currently trading at $0.26, has been actively purchasing company stock, according to a recent Form 4 filing. According to InvestingPro analysis, the company maintains a "GREAT" financial health score of 3.14.
The report reveals that Spagnolo executed several purchases of Innovative Designs Inc common stock between May and August 2025. Specifically, Spagnolo acquired a total of 15,500 shares for approximately $3,560. The purchases were made in a price range of $0.20 to $0.32 per share. The transactions occurred on four dates: May 2, June 6, July 1 and August 4. Following these transactions, Spagnolo directly owns 25,500 shares of Innovative Designs Inc. The stock has shown significant volatility, with a 115% return over the past year despite a recent 28% decline in the past week. InvestingPro subscribers can access 12 additional investment tips and detailed financial metrics for IVDN.
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