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Chan Heng Fai Ambrose, the Executive Chairman of Sharing Services Global Corp (OTC:SHRG), has increased his holdings in the company, according to a recent SEC filing. The micro-cap company, currently valued at $0.39 million, has seen its stock price decline to $1.25 from the insider purchase levels, though it shows a strong 25% gain year-to-date. Over a series of transactions from January 27 to February 5, Ambrose acquired a total of 3,527 shares of common stock. The purchase prices ranged from $2.94 to $3.23 per share, amounting to a total investment of $10,718. Following these transactions, Ambrose now holds 13,254 shares directly. InvestingPro analysis indicates the stock is currently undervalued, despite showing weak financial health scores. Track insider transactions and access detailed financial metrics with an InvestingPro subscription.
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