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Robert deRose, a ten percent owner of Legacy Education Inc. (NASDAQ:LGCY), recently acquired additional shares of the company, showing confidence in the firm that has delivered a 60% return over the past year despite recent market volatility. According to a Form 4 filing with the Securities and Exchange Commission, deRose purchased a total of 3,000 shares over two days. On March 12, he acquired 224 shares at a price of $6.60 each, and on March 13, he bought an additional 2,776 shares at $6.67 per share. These transactions resulted in a total investment of $19,994. Following these acquisitions, deRose’s total shareholding in the company increased to 1,097,974 shares. The company maintains strong fundamentals with a healthy 43.5% gross margin and a solid current ratio of 2.46. InvestingPro analysis reveals 12 additional key insights about LGCY’s financial health and growth prospects.
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