GuruFocus data shows that the Chairman and CEO of Trulite Inc, N/A ( TRUL), purchased 14000 shares on 2022/05/24.
Insiders buying shares of stock in their companies can be a good sign. This could indicate that insiders have become optimistic about the company's future. It is worthwhile to pay attention to insider trades as they have a greater understanding of their company than most people. Let's now take a closer look at Trulite Inc's insider purchase to determine if it is worthy of investor attention.
Kim Rivers's Trades
Kim Rivers purchased 0 shares over the last year.
Kim Rivers is likely to have been long-term stockholders of their company. This may be good news for stock future.
Trends from the inside
Investors may be unsure if the buys of one insider are really that significant. Is the stock being bought by other insiders or is it being sold?
Trulite Inc's insider transactions history shows that there were 8 insider buys over the last year. In the meantime, there were 0 insider sales in that same period.
Insider purchases are more appealing than insider sales to us. This is a sign of a positive trend in the company's owners and top executives. Insiders buying more stock means that it's more likely the stock will be undervalued.
Valuation
Trulite Inc shares were traded at $0.0001 per share on Kim Rivers's recent purchase. The stock now has a market capitalization of $0.002 million.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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