Key Points
- Uxin CEO Kun Dai purchased 9,000 shares at an average price of $1.42, investing $12,780 under a pre-arranged Rule 10b5-1 plan. The purchase increased his holdings by 56.66% to 24,883 shares, following two additional purchases earlier in the week.
- Uxin shares opened at $1.27 after declining 6.9%, with the stock trading between a 12-month low of $0.90 and high of $4.18. The company reported a quarterly loss of $0.11 per share on revenue of $169.44 million.
- Analyst sentiment remains mixed, with one Buy and one Sell rating producing a consensus Hold rating and a $4.50 price target; Weiss Ratings and Wall Street Zen have issued Sell-related assessments.
Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) CEO Kun Dai bought 9,000 shares of Uxin stock in a transaction on Thursday, October 1st. The shares were acquired at an average price of $1.42 per share, for a total transaction of $12,780.00. Following the completion of the acquisition, the chief executive officer owned 24,883 shares of the company's stock, valued at approximately $35,333.86. This represents a 56.66% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kun Dai also recently made the following trade(s):
- On Wednesday, September 30th, Kun Dai acquired 7,443 shares of Uxin stock. The stock was acquired at an average price of $1.34 per share, with a total value of $9,973.62.
- On Tuesday, September 29th, Kun Dai bought 8,440 shares of Uxin stock. The shares were acquired at an average cost of $1.26 per share, with a total value of $10,634.40.
Uxin Stock Down 6.9%
Shares of NASDAQ:UXIN opened at $1.27 on Friday. The company's fifty day simple moving average is $1.20 and its 200 day simple moving average is $2.00. Uxin Limited Sponsored ADR has a 12 month low of $0.90 and a 12 month high of $4.18. The firm has a market cap of $275.97 million, a price-to-earnings ratio of -4.55 and a beta of 0.74.
Uxin (NASDAQ:UXIN - Get Free Report) last issued its quarterly earnings results on Thursday, September 24th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $169.44 million during the quarter.
Analysts Set New Price Targets
UXIN has been the topic of a number of analyst reports. Weiss Ratings reiterated a "sell (e+)" rating on shares of Uxin in a research note on Wednesday, July 8th. Wall Street Zen cut shares of Uxin from a "hold" rating to a "sell" rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Uxin has a consensus rating of "Hold" and a consensus price target of $4.50.
Check Out Our Latest Analysis on UXIN
Uxin Company Profile
(
Get Free Report)
Uxin Limited (NASDAQ: UXIN) is a China-based used automobile retailer and e-commerce company. The company operates an online platform that connects consumers with used vehicles and supports the purchase and sale of cars through digital tools and related transaction services.
Uxin's business activities have included vehicle sourcing, inspection and reconditioning, pricing information, online listings, sales assistance, and vehicle delivery. The company has also offered services designed to support used-car transactions, such as financing and other automotive-related solutions, subject to applicable regulations and market conditions.
Founded in 2015, Uxin initially developed as an online used-car marketplace before expanding toward an integrated retail model.
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