Key Points
- Uxin CEO Kun Dai bought 11,836 shares at an average price of $1.13, investing $13,374.68 and increasing his direct ownership by 22.86% to 63,602 shares. The purchase was made under a pre-arranged Rule 10b5-1 trading plan.
- Dai made several additional purchases between September 29 and October 7, bringing his recent buying activity to more than 63,000 shares as Uxin’s stock price declined from $1.42 to $1.13.
- Uxin shares have traded between $0.90 and $4.18 over the past year and opened at $1.13, while analyst sentiment remains mixed: the consensus rating is Hold, with a $4.50 price target, despite recent sell ratings.
Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) CEO Kun Dai acquired 11,836 shares of Uxin stock in a transaction that occurred on Thursday, October 8th. The stock was bought at an average price of $1.13 per share, with a total value of $13,374.68. Following the purchase, the chief executive officer directly owned 63,602 shares of the company's stock, valued at approximately $71,870.26. This trade represents a 22.86% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed 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, October 7th, Kun Dai acquired 5,505 shares of Uxin stock. The shares were bought at an average cost of $1.21 per share, for a total transaction of $6,661.05.
- On Tuesday, October 6th, Kun Dai bought 7,023 shares of Uxin stock. The shares were bought at an average price of $1.24 per share, for a total transaction of $8,708.52.
- On Monday, October 5th, Kun Dai bought 8,683 shares of Uxin stock. The stock was bought at an average cost of $1.27 per share, with a total value of $11,027.41.
- On Friday, October 2nd, Kun Dai purchased 5,672 shares of Uxin stock. The shares were bought at an average price of $1.29 per share, with a total value of $7,316.88.
- On Thursday, October 1st, Kun Dai purchased 9,000 shares of Uxin stock. The shares were bought at an average price of $1.42 per share, with a total value of $12,780.00.
- On Wednesday, September 30th, Kun Dai purchased 7,443 shares of Uxin stock. The shares were purchased at an average cost of $1.34 per share, for a total transaction of $9,973.62.
- On Tuesday, September 29th, Kun Dai acquired 8,440 shares of Uxin stock. The stock was purchased at an average cost of $1.26 per share, with a total value of $10,634.40.
Uxin Stock Performance
Shares of UXIN stock opened at $1.13 on Friday. The stock has a fifty day moving average price of $1.18 and a 200 day moving average price of $1.92. The stock has a market cap of $244.58 million, a PE ratio of -4.04 and a beta of 0.75. Uxin Limited Sponsored ADR has a 1 year low of $0.90 and a 1 year high of $4.18.
Uxin (NASDAQ:UXIN - Get Free Report) last announced its quarterly earnings results on Thursday, September 24th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $169.44 million during the quarter.
Analysts Set New Price Targets
A number of brokerages have issued reports on UXIN. Wall Street Zen cut shares of Uxin from a "hold" rating to a "sell" rating in a research report on Saturday, June 20th. Weiss Ratings reissued a "sell (e+)" rating on shares of Uxin in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $4.50.
Read Our Latest Analysis on UXIN
About Uxin
(
Get Free Report)
Uxin Limited is a China-based used automobile retail and service company that operates through online and offline channels. The company offers consumers access to used vehicles and related transaction services, with an emphasis on vehicle selection, inspection, pricing, financing and delivery.
Uxin has historically operated as an online used-car marketplace connecting buyers and sellers across China. It later placed greater emphasis on direct used-car retail, vehicle sourcing, refurbishment, quality inspection and nationwide logistics, helping customers purchase vehicles from its inventory and arrange delivery to their location.
Founded in 2015, Uxin is headquartered in China and has served customers across multiple Chinese regions.
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