Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Retractable Technologies Inc (NYSE:RVP) President and CEO Shaw Thomas J. reported purchasing 3,983 shares of the company’s common stock on August 13, 2025. The shares were bought at a price of $0.8015, for a total transaction value of $3,192. The purchase comes as the stock shows strong momentum, gaining nearly 7% in the past week. According to InvestingPro analysis, RVP appears undervalued at its current market cap of $24.1M.
Following the transaction, Shaw directly owns 15,593,248 shares of Retractable Technologies Inc . Shaw also indirectly owns 831,600 shares through voting or investment control. While the company maintains strong liquidity with a current ratio of 6.7 and more cash than debt, InvestingPro data reveals additional insights about insider trading patterns and company fundamentals that could impact investment decisions.
In other recent news, Retractable Technologies, Inc. has announced a workforce reduction of approximately 12.4%, primarily impacting manufacturing and support positions. The company anticipates this move will save around $1.6 million annually in wages and benefits, which accounts for about 8.6% of its estimated total workforce costs. However, these savings will be partially offset by one-time separation payments totaling approximately $56,000 to the affected employees. Additionally, Retractable Technologies has appointed a new independent registered public accounting firm following a merger involving its previous auditor. Moss Adams LLP, the former auditor, merged with Baker Tilly US, LLP, leading to Moss Adams’ resignation. The Audit Committee of Retractable Technologies’ Board of Directors has approved Baker Tilly as the new auditor. The audit reports provided by Moss Adams for the relevant fiscal years did not contain any adverse opinions or disclaimers, nor were there any disagreements on accounting principles or procedures. These recent developments highlight significant operational and administrative changes within the company.
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