Invizyne applied sciences CEO Michael Heltzen buys $20,345 in inventory

Michael Heltzen, the Chief Government Officer of Invizyne Applied sciences Inc. (NASDAQ:IZTC), a $100 million market cap firm, not too long ago acquired further shares of the corporate, in line with a submitting with the Securities and Change Fee. In keeping with InvestingPro knowledge, the corporate at present reveals a weak monetary well being rating, making this insider buy significantly noteworthy. On January 16 and 17, Heltzen bought a complete of 1,888 shares of widespread inventory. The transactions had been executed at costs starting from $10.72 to $10.78 per share, amounting to a complete funding of $20,345. The inventory, which has proven robust returns over the previous three months regardless of current short-term weak spot, at present trades at $10.56.

The acquisitions elevated Heltzen’s whole holdings to three,872 shares, highlighting his continued confidence within the firm’s prospects. The purchases had been made instantly by Heltzen, indicating a private funding in Invizyne Applied sciences, which focuses on organic merchandise. Whereas working with average debt ranges, the corporate’s present ratio of 0.25 suggests tight liquidity situations. Get deeper insights into IZTC’s insider buying and selling patterns and 6 further key metrics with InvestingPro.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.