Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
Retractable Technologies Inc (NYSE:RVP) President and CEO Shaw Thomas J, reported purchasing 14,204 shares of the company’s common stock on October 14, 2025. The shares were bought at a price of $0.9256, for a total transaction value of $13,147. The purchase comes amid strong momentum for RVP, with the stock recording a 29.6% gain over the past six months and a 33.2% rise year-to-date.
Following the transaction, Shaw directly owns 15,723,029 shares of Retractable Technologies Inc . Shaw also indirectly owns 831,600 shares over which he has voting or investment control. The company maintains a strong liquidity position with a current ratio of 7.01 and more cash than debt on its balance sheet. According to InvestingPro analysis, RVP currently appears undervalued, with several additional key metrics and insights available to subscribers.
In other recent news, Retractable Technologies, Inc. announced a reduction in its workforce by approximately 12.4%, primarily impacting manufacturing and support roles. This decision is expected to save the company around $1.6 million annually in wages and benefits, which accounts for about 8.6% of its estimated total workforce costs. However, the savings will be partially offset by one-time separation payments totaling approximately $56,000 to the affected employees. These changes come amid ongoing tariff pressures that the company is facing. While the workforce reduction is a significant move, there were no recent updates on the company’s earnings or revenue results. Additionally, there have been no recent mergers or acquisitions involving Retractable Technologies. Analyst upgrades or downgrades for the company have not been reported in the latest news.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.