Gregory B. Graves, a director at Janel Corp (NASDAQ:JANL), recently made significant stock purchases, according to a filing with the Securities and Exchange Commission. On December 11 and 12, Graves acquired a total of 1,039 shares of Janel Corp's common stock. The transactions, valued at approximately $40,371, were executed at prices ranging from $35.15 to $35.55 per share. The purchases come as the stock shows strong momentum, with InvestingPro data revealing a 16.5% return over the past week and an impressive 42.2% gain year-to-date. Following these acquisitions, Graves now holds 4,221 shares in the company. These transactions reflect Graves' continued investment in the firm, which operates in the business services sector. With a market capitalization of $36.18 million and a P/E ratio of 169.4, InvestingPro identifies several additional key metrics and insights available for subscribers looking to make informed investment decisions.
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