Key Points
- CEO Cunjun Ma purchased 10,000 shares on April 16 at an average price of $1.69, bringing his direct ownership to 124,818 shares (an 8.71% increase) for a $16,900 transaction.
- Hedge fund SmartHarvest Portfolios LLC initiated a new stake of 11,993 shares (≈$34,000), representing about 0.12% of Huize at the end of the most recent quarter.
- HUIZ opened at $1.69 and was trading up 7.6%; the company has a market cap of $17.05 million and an average analyst rating of "Reduce" with a $2.30 target.
Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ - Get Free Report) CEO Cunjun Ma bought 10,000 shares of the stock in a transaction dated Thursday, April 16th. The stock was bought at an average cost of $1.69 per share, for a total transaction of $16,900.00. Following the acquisition, the chief executive officer directly owned 124,818 shares of the company's stock, valued at approximately $210,942.42. This represents a 8.71% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Cunjun Ma also recently made the following trade(s):
- On Friday, April 10th, Cunjun Ma bought 5,000 shares of Huize stock. The stock was bought at an average cost of $1.50 per share, for a total transaction of $7,500.00.
- On Thursday, April 9th, Cunjun Ma bought 100 shares of Huize stock. The stock was bought at an average cost of $1.45 per share, for a total transaction of $145.00.
- On Wednesday, April 8th, Cunjun Ma bought 339 shares of Huize stock. The stock was bought at an average cost of $1.42 per share, for a total transaction of $481.38.
- On Friday, April 3rd, Cunjun Ma bought 179 shares of Huize stock. The stock was purchased at an average cost of $1.39 per share, for a total transaction of $248.81.
- On Thursday, April 2nd, Cunjun Ma bought 6,000 shares of Huize stock. The stock was purchased at an average cost of $1.42 per share, for a total transaction of $8,520.00.
Huize Trading Up 7.6%
Shares of HUIZ stock opened at $1.69 on Tuesday. Huize Holding Limited Sponsored ADR has a 12-month low of $1.19 and a 12-month high of $4.53. The stock's 50-day moving average price is $1.75 and its 200-day moving average price is $2.62. The stock has a market capitalization of $17.05 million, a price-to-earnings ratio of 56.33 and a beta of 0.60.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Huize stock. SmartHarvest Portfolios LLC purchased a new stake in Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 11,993 shares of the company's stock, valued at approximately $34,000. SmartHarvest Portfolios LLC owned about 0.12% of Huize at the end of the most recent quarter.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a "sell (d)" rating on shares of Huize in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and an average target price of $2.30.
Get Our Latest Report on HUIZ
About Huize
(
Get Free Report)
Huize Holding Limited operates as a technology-driven online insurance distribution platform in China, offering a wide spectrum of personal insurance products including life, health, accident, property and casualty, and travel policies. Through its proprietary technology infrastructure, the company aggregates product information from insurance carriers, provides comparative quotes, and facilitates policy purchase and after-sales service. Huize's platform integrates data analytics, automated underwriting tools and user-friendly interfaces to streamline insurance selection and enrollment processes for individual customers and small-to-medium enterprises.
Founded in 2012 and headquartered in Beijing, Huize serves clients across mainland China via a multi-channel distribution model.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
