Stanley G. Turel, a director at Willamette Valley Vineyards Inc. (NASDAQ:WVVI), recently acquired additional shares of the company's common stock. According to a recent SEC filing, Turel purchased a total of 1,500 shares in three separate transactions. The shares were bought at prices ranging from $3.26 to $3.28 per share, amounting to a total investment of $4,919. The purchase comes as WVVI trades near its 52-week low of $3.17, with the stock down about 37% year-to-date. InvestingPro analysis suggests the stock is currently trading below its Fair Value.
Following these transactions, Turel's direct ownership in the company increased to 16,827 shares. The transactions took place on December 19 and December 23, 2024, as reflected in the Form 4 filing with the SEC. The micro-cap vineyard operator, valued at $16.4 million, has faced profitability challenges in recent quarters. Unlock more insights and discover 6 additional key ProTips with InvestingPro.
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