Insider Buying: Mint Incorporation (NASDAQ:MIMI) CEO Buys 211,879 Shares of Stock

Key Points

  • CEO Hoi Lung Chan bought 211,879 shares of Mint Incorporation on May 18 at an average price of $3.01, spending about $637,756. After the purchase, he owned 474,379 shares, an 80.72% increase in his stake.
  • Mint Incorporation stock was up 3.2% and opened at $3.52, trading near its recent moving averages. The stock has ranged from a 12-month low of $2.22 to a high of $136.90.
  • The company recently reported Q4 earnings of -$1.75 per share on revenue of $0.49 million. Institutional investors including Renaissance Technologies, Citadel Advisors, Jane Street, and Geode Capital Management also made recent position changes.

Mint Incorporation Limited (NASDAQ:MIMI - Get Free Report) CEO Hoi Lung Chan acquired 211,879 shares of the company's stock in a transaction dated Monday, May 18th. The shares were bought at an average price of $3.01 per share, for a total transaction of $637,755.79. Following the purchase, the chief executive officer owned 474,379 shares in the company, valued at approximately $1,427,880.79. This represents a 80.72% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Mint Incorporation Trading Up 3.2%

Shares of Mint Incorporation stock opened at $3.52 on Thursday. Mint Incorporation Limited has a 12-month low of $2.22 and a 12-month high of $136.90. The business's 50 day moving average is $3.03 and its 200-day moving average is $3.54.

Mint Incorporation (NASDAQ:MIMI - Get Free Report) last posted its earnings results on Tuesday, March 31st. The company reported ($1.75) earnings per share for the quarter. The company had revenue of $0.49 million during the quarter.

Institutional Inflows and Outflows




A number of institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC bought a new stake in shares of Mint Incorporation during the 4th quarter valued at $90,000. Citadel Advisors LLC bought a new stake in shares of Mint Incorporation during the 3rd quarter worth $151,000. Jane Street Group LLC lifted its position in shares of Mint Incorporation by 71.5% during the 2nd quarter. Jane Street Group LLC now owns 32,803 shares of the company's stock worth $217,000 after buying an additional 13,671 shares during the last quarter. Finally, Geode Capital Management LLC bought a new stake in shares of Mint Incorporation during the 2nd quarter worth $91,000.

Mint Incorporation Company Profile

(Get Free Report)

Mint, Inc Ltd. is a company that engages in the provision of interior design and fit works. The company offers design services including layout plans and sketches presented in the form of 3d technical drawing and design and fit out services. The company was founded in 2018 and is headquartered in Hong Kong.

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