Key Points
- Uxin CEO Kun Dai bought 9,027 shares at an average price of $1.13, investing $10,200.51 and increasing his holdings by 14.19% to 72,629 shares. The purchase was made under a pre-arranged Rule 10b5-1 trading plan.
- Dai has made a series of additional Uxin purchases since September 29, totaling thousands of shares as prices generally declined from $1.42 to $1.13.
- Uxin shares opened at $1.12, near the lower end of their 52-week range, while analysts’ average rating was “Hold” with a $4.50 target price. The company most recently reported a quarterly loss of $0.11 per share on $169.44 million in revenue.
Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) CEO Kun Dai bought 9,027 shares of Uxin stock in a transaction on Friday, October 9th. The shares were acquired at an average cost of $1.13 per share, with a total value of $10,200.51. Following the completion of the acquisition, the chief executive officer owned 72,629 shares of the company's stock, valued at $82,070.77. The trade was a 14.19% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kun Dai also recently made the following trade(s):
- On Monday, October 12th, Kun Dai purchased 9,800 shares of Uxin stock. The shares were acquired at an average price of $1.15 per share, for a total transaction of $11,270.00.
- On Thursday, October 8th, Kun Dai acquired 11,836 shares of Uxin stock. The shares were acquired at an average cost of $1.13 per share, with a total value of $13,374.68.
- On Wednesday, October 7th, Kun Dai acquired 5,505 shares of Uxin stock. The shares were acquired at an average cost of $1.21 per share, with a total value of $6,661.05.
- On Tuesday, October 6th, Kun Dai acquired 7,023 shares of Uxin stock. The stock was bought at an average price of $1.24 per share, with a total value of $8,708.52.
- On Monday, October 5th, Kun Dai acquired 8,683 shares of Uxin stock. The stock was bought at an average price of $1.27 per share, with a total value of $11,027.41.
- On Friday, October 2nd, Kun Dai bought 5,672 shares of Uxin stock. The stock was bought at an average cost of $1.29 per share, for a total transaction of $7,316.88.
- On Thursday, October 1st, Kun Dai bought 9,000 shares of Uxin stock. The shares were bought at an average price of $1.42 per share, for a total transaction of $12,780.00.
- On Wednesday, September 30th, Kun Dai bought 7,443 shares of Uxin stock. The shares were bought at an average price of $1.34 per share, for a total transaction of $9,973.62.
- On Tuesday, September 29th, Kun Dai purchased 8,440 shares of Uxin stock. The shares were bought at an average cost of $1.26 per share, with a total value of $10,634.40.
Uxin Stock Performance
NASDAQ:UXIN opened at $1.12 on Wednesday. The stock has a 50-day simple moving average of $1.17 and a two-hundred day simple moving average of $1.87. Uxin Limited Sponsored ADR has a 52-week low of $0.90 and a 52-week high of $4.18. The firm has a market capitalization of $242.41 million, a PE ratio of -4.00 and a beta of 0.75.
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 business had revenue of $169.44 million during the quarter.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. Wall Street Zen downgraded Uxin from a "hold" rating to a "sell" rating in a research note on Saturday, June 20th. Weiss Ratings restated 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 given a Sell rating to the company. According to data from MarketBeat, Uxin presently has an average rating of "Hold" and an average target price of $4.50.
View Our Latest Stock Report on Uxin
Uxin Company Profile
(
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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