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Todd Ordal, director of FitLife Brands, Inc. (OTC: FTLF), purchased 150 shares of the company’s common stock, according to its most recent filing with the Securities and Exchange Commission. The shares were acquired at a price of $30.37 each, totaling $4,555. After this transaction, Ordal now owns 31,094 shares of FitLife Brands. The purchase was made automatically under a Rule 10b5-1 business plan.
The timing of Ordal’s purchase comes as FitLife Brands, which is currently valued at $145 million, has shown strong momentum with a 64% return over the past year. InvestingPro analysis shows the company maintains a “MOLO” financial health rating, and analysts set a price target of $40. Subscribers to InvestingPro can find 8 more important facts about FTLF growth prospects and financial situation.
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