Voip-pal.com executive sells over $9,000 worth of company stock Investing.com

In a recent series of transactions, Barbara Baggio, who is associated with Voip-pal.com Inc (OTCMKTS:VPLM) as the CEO’s wife, has sold a significant amount of the company’s stock. The sales, which took place between July 29 and July 31, totaled over $9,000.

Baggio sold 250,000 shares on July 29 at $0.0123 per share. The next day, she made two separate sales: one for 29,282 shares at $0.0131 per share and another for 220,718 shares at $0.0134 per share. She sold another 250,000 shares at $0.0134 per share on July 31.

The transactions were made over a price range of $0.0123 to $0.0134 per share, which reflects the market value of Voip-pal.com Inc. shares during the period of sale. Following these transactions, Baggio owns 77,486,736 shares of the company.

Voip-pal.com Inc., operating in the telecommunications sector, is incorporated in Nevada and has a business address in Waco, Texas. The company specializes in manufacturing telephone and telegraph equipment.

Investors often monitor insider trading because it allows them to gain insight into executives’ views on the company’s current valuation and future prospects. However, it is important to note that there are a variety of reasons why insiders may sell stock, and such trading does not necessarily indicate a lack of confidence in the company.

Barbara Baggio’s recent stock sales have been publicly documented and can be seen in recent SEC filings, which provide transparency into the trading activities of company insiders.

InvestingPro Insights

The recent insider activity of Voip-pal.com Inc (OTCMKTS:VPLM) reflects a series of stock sales by Barbara Baggio, which may draw investors’ attention to the company’s current financial health and market performance. To provide additional context to these transactions, InvestingPro data and tips provide key insights into the company’s financial metrics and stock behavior.

According to InvestingPro data, Voip-pal.com Inc. has a market cap of approximately $47.27 million. Despite the company’s significant valuation, it is currently unprofitable and has a negative P/E ratio of -1.49. Also, as mentioned in the InvestingPro tip, the company’s stock has experienced high price volatility, which may have contributed to the price range seen in Baggio’s trading. The price volatility is further reflected in the 1-month price total return of -23.61%, highlighting the recent downward trend in the stock’s performance.

In addition, another InvestingPro tip highlights that Voip-pal.com Inc has more cash than debt on its balance sheet, which can be a sign of financial stability in terms of liquidity. The company’s current assets also exceed its short-term liabilities, indicating that it has a solid foundation to meet its immediate financial obligations.

However, investors should be aware that the company’s stock has been underperforming in the past month and has fallen significantly over the past year, with a one-year price-to-earnings return of -63.95%. The company does not pay dividends to shareholders, which may be a consideration for income-oriented investors.

For those who want to learn more about the financial and stock performance of Voip-pal.com Inc., InvestingPro has additional tips. There are currently 5 more InvestingPro tips that can provide additional guidance to investors considering this stock. These tips can be accessed via the specialized InvestingPro platform, which includes comprehensive analysis of Voip-pal.com Inc.’s financial and market behavior.

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