Insider Buying: David O'Toole Acquires Shares of AVITA Medical Inc (RCEL)

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Dec 06, 2024
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On December 5, 2024, David O'Toole, Chief Financial Officer of AVITA Medical Inc, purchased 975 shares of the company (RCEL, Financial). Following this transaction, the insider now holds a total of 23,734 shares. The purchase was documented in an SEC Filing. AVITA Medical Inc (RCEL) is a regenerative medicine company focused on the development and commercialization of innovative therapies for the treatment of burns, chronic wounds, and other skin defects. The company's proprietary technology platform, RECELL System, is designed to harness the regenerative properties of a patient's own skin to facilitate healing. The insider's recent acquisition is part of a broader trend observed over the past year, where David O'Toole has purchased a total of 4,175 shares, with no recorded sales. In the same period, AVITA Medical Inc has seen a total of four insider buys and three insider sells. 1864823836923555840.png On the day of the insider's recent purchase, shares of AVITA Medical Inc were trading at $12.46, giving the company a market cap of $326.147 million. The stock's GF Value is estimated at $16.03, resulting in a price-to-GF-Value ratio of 0.78, indicating that the stock is modestly undervalued according to its GF Value. 1864823853734326272.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

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