Raytheon awarded $71 million in Navy contracts for missile systems
Thomas J. Shaw, President and CEO of Retractable Technologies Inc . (NYSE:RVP), made a recent purchase of the company’s common stock amid challenging market conditions, with the stock down nearly 40% over the past year. According to a recent SEC filing, Shaw acquired 1,534 shares on April 3, 2025, at an average price of $0.6822 per share. The total transaction was valued at $1,046. Following this purchase, Shaw directly holds 15,152,256 shares of the company’s stock. Additionally, he has indirect control over 831,600 shares, some of which he manages as a trustee for a family member. This transaction was executed under a Rule 10b5-1 trading plan adopted on August 22, 2024. InvestingPro data shows the company maintains strong liquidity with a current ratio of 8.34 and operates with minimal debt, though it faces profitability challenges with negative earnings in the last twelve months. Get access to additional key insights and 6 more exclusive ProTips with an InvestingPro subscription.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.