Felipe Duran Increases Stake in iBio Inc with Recent Share Purchase

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Jan 14, 2025
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On January 10, 2025, Felipe Duran, Chief Financial Officer of iBio Inc, acquired 9,191 shares of iBio Inc (IBIO, Financial). Following this transaction, the insider now holds a total of 11,139 shares in the company. The purchase was documented in a SEC Filing. iBio Inc is a biotechnology company that focuses on developing plant-based biologics. The company leverages its proprietary technology to produce vaccines, therapeutics, and other biopharmaceutical products. The insider's recent purchase aligns with a broader trend of insider buying within the company. Over the past year, there have been seven insider buys and no insider sells, indicating a positive sentiment among the company's insiders.

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On the day of the purchase, iBio Inc's shares were trading at $2.72 each, resulting in a market cap of $22.690 million. The company's valuation metrics, such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, provide further insights into the company's financial standing and market perception. The insider's activity, along with the company's current valuation, can be further explored through the GF Value metric, which offers a comprehensive view of the stock's intrinsic value.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.