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Envela Approves Key Proposals at Annual Meeting

Story Highlights
  • Envela held its Annual Meeting on June 25, 2025, with 92.75% stockholder representation.
  • Key proposals, including board elections and the 2025 Plan, were approved at the meeting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Envela Approves Key Proposals at Annual Meeting

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Envela ( (ELA) ) has provided an update.

On June 25, 2025, Envela held its Annual Meeting of Stockholders at its Corporate Head Office, where stockholders representing 92.75% of the shares voted on several key proposals. These included the election of six board members, the ratification of Whitley Penn LLP as the independent accounting firm for 2025, approval of executive compensation, determination of the frequency for future compensation votes, and the adoption of the 2025 Plan. All proposals were approved, with board members John R. Loftus, Jim R. Ruth, Alexandra C. Griffin, Richard D. Schepp, Vicky C. Teherani, and Vince A. Ackerson elected, though Ackerson and Teherani deferred their start dates.

The most recent analyst rating on (ELA) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Envela stock, see the ELA Stock Forecast page.

Spark’s Take on ELA Stock

According to Spark, TipRanks’ AI Analyst, ELA is a Outperform.

Envela’s overall score reflects strong financial performance, particularly in revenue growth and cost management. Technical analysis and valuation indicate an average outlook with no clear momentum, and the lack of significant earnings call insights or corporate events leaves the score driven mainly by the company’s financial health.

To see Spark’s full report on ELA stock, click here.

More about Envela

Average Trading Volume: 36,950

Technical Sentiment Signal: Hold

Current Market Cap: $150.5M

For detailed information about ELA stock, go to TipRanks’ Stock Analysis page.

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