Insiders at Envoy Medical, Inc. realized a 98% gain on their investments over the last 12 months. The company's stock price climbed 22% last week. This increase added $11 million to the market value. An original $8.17 million insider purchase has grown to a current valuation of $16.2 million.
The largest insider transaction over the past year was a $7.5 million purchase. These shares were acquired at $0.40 each. The stock recently traded at $0.79 per share. Insiders now own 37% of the company, aligning management interests with shareholders.