Key Points
- CEO Jian He purchased 4,254,553 LightInTheBox shares at an average price of $0.26, investing approximately $1.11 million. The SEC-reported transaction increased his ownership to 4,254,553 shares.
- LightInTheBox shares opened at $3.06, down 1.9%, with a market capitalization of about $54.9 million. The stock has traded between $1.15 and $4.17 over the past year.
- Institutional investors and hedge funds own approximately 56.77% of the company; SmartHarvest Portfolios recently acquired 19,497 shares valued at roughly $44,000.
LightInTheBox Holding Co., Ltd. (NYSE:LITB - Get Free Report) CEO Jian He bought 4,254,553 shares of the business's stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average cost of $0.26 per share, for a total transaction of $1,106,183.78. Following the transaction, the chief executive officer owned 4,254,553 shares of the company's stock, valued at $1,106,183.78. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
LightInTheBox Trading Down 1.9%
Shares of LightInTheBox stock opened at $3.06 on Wednesday. The stock has a fifty day simple moving average of $3.21 and a 200 day simple moving average of $2.77. LightInTheBox Holding Co., Ltd. has a 12-month low of $1.15 and a 12-month high of $4.17. The company has a market capitalization of $54.90 million, a P/E ratio of 6.12 and a beta of 0.03.
Institutional Trading of LightInTheBox
A hedge fund recently bought a new stake in LightInTheBox stock. SmartHarvest Portfolios LLC purchased a new stake in shares of LightInTheBox Holding Co., Ltd. (NYSE:LITB - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 19,497 shares of the technology company's stock, valued at approximately $44,000. SmartHarvest Portfolios LLC owned approximately 0.11% of LightInTheBox at the end of the most recent reporting period. Institutional investors and hedge funds own 56.77% of the company's stock.
About LightInTheBox
(
Get Free Report)
LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.
Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.
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