On December 2, 2024, Doris Wong Sing Ee, a Director at Graphjet Technology (GTI, Financial), sold 100,000 shares of the company. Following this transaction, the insider now owns 1,345,491 shares of the company. The details of this transaction can be found in the SEC Filing.
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 company is known for its innovative approach to manufacturing and its commitment to sustainability.
The insider transaction history for Graphjet Technology indicates that there have been no insider buys over the past year. However, there have been two insider sells during the same period. Over the past year, Doris Wong Sing Ee has sold a total of 130,000 shares and has not purchased any shares.
On the day of the recent sale, shares of Graphjet Technology were trading at $2.81 each, giving the stock a market cap of $488.649 million. Investors may want to consider the company's GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow when evaluating the stock.
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