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Director Laurence G. Sellyn of Loop Industries, Inc. (NASDAQ:LOOP), purchased 150,000 shares of common stock on July 23, 2025, at a price of $1.0096, totaling $151,440. The purchase comes as the stock trades at $1.36, showing a 35% gain from the director’s purchase price. InvestingPro data shows the company maintains a healthy balance sheet with more cash than debt and a strong current ratio of 2.81.
Following the transaction, Sellyn directly owns 430,050 shares of Loop Industries, Inc. This insider purchase signals confidence in the $64.9 million market cap company, which has shown volatile price movements but delivered strong returns over the past three months. For deeper insights into insider trading patterns and comprehensive financial analysis, explore InvestingPro’s detailed research reports.
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