Director Swee Hoo Sells 30,000 Shares of Graphjet Technology (GTI)

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Dec 10, 2024

On December 6, 2024, Swee Hoo, a Director at Graphjet Technology (GTI, Financial), sold 30,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 1,442,991 shares of the company. Graphjet Technology (GTI) is a company that specializes in the production of graphene and graphite materials. These materials are used in various applications, including electronics, energy storage, and composite materials. The insider's recent transaction is part of a broader trend observed in the company's insider trading activities. Over the past year, Swee Hoo has sold a total of 30,000 shares and has not purchased any shares. The overall insider transaction history for Graphjet Technology indicates that there have been zero insider buys and four insider sells over the past year.

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On the day of the recent sale, shares of Graphjet Technology were trading at $2.79 each, resulting in a market cap of $302.288 million for the company. Investors and analysts often look at various valuation metrics to assess a company's financial health and market position. These metrics include the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. This insider transaction provides insight into the trading activities of company executives and may be of interest to investors monitoring the stock's performance and insider sentiment.

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