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In recent filings with the Securities and Exchange Commission, Richard Jeffs, a significant shareholder of Stimcell Energetics Inc. (NASDAQ:STME), disclosed a series of stock transactions involving the company. Jeffs, who holds a 10% ownership stake, made two notable purchases of common shares in the micro-cap company, currently valued at $9.36 million. According to InvestingPro analysis, the stock appears overvalued at its current price of $0.47.
On February 21, 2025, Jeffs acquired 15,000 shares at a price of $0.162 per share. Following this, he purchased an additional 4,399 shares on February 24, 2025, at a price of $0.2 per share. The total value of these transactions amounted to $3,309. These purchases come amid significant price momentum, with InvestingPro data showing a remarkable 408% price return over the past six months.
These transactions follow a reverse stock split adjustment effective November 1, 2024, which did not alter Jeffs’ proportionate ownership in the company. After these acquisitions, Jeffs’ total shareholding in Stimcell Energetics stands at 1,688,889 shares. InvestingPro subscribers have access to 7 additional key insights about STME’s financial health and market performance.
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