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Thomas J. Shaw, the President and CEO of Retractable Technologies Inc . (NYSE:RVP), recently acquired 6,736 shares of the company’s common stock. The purchase was made on March 27, 2025, at a weighted average price of $0.7377 per share, amounting to a total transaction value of approximately $4,969. The purchase price sits near the lower end of RVP’s 52-week range of $0.56 to $1.22, while the stock has gained 7.06% year-to-date despite showing high volatility with a beta of 2.09.
Following this transaction, Shaw holds a direct ownership of 15,126,718 shares. In addition, he maintains indirect ownership over 831,600 shares, with 500,000 of these held under a trust for a family member and the rest under a voting agreement. According to InvestingPro, RVP maintains strong liquidity with a current ratio of 8.57, indicating robust short-term financial health. The acquisition was made under a Rule 10b5-1 trading plan, which was adopted on August 22, 2024. For more detailed analysis and additional insights, subscribers can access 6 more InvestingPro Tips.
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