LightInTheBox Holding Co., Ltd. (NYSE:LITB – Get Free Report) CEO Jian He purchased 4,254,553 shares of the business’s stock in a transaction on Monday, August 10th. The stock was purchased at an average price of $0.26 per share, for a total transaction of $1,106,183.78. Following the acquisition, the chief executive officer owned 4,254,553 shares of the company’s stock, valued at approximately $1,106,183.78. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
LightInTheBox Stock Down 1.9%
NYSE LITB opened at $3.06 on Wednesday. The company has a market cap of $54.90 million, a price-to-earnings ratio of 6.12 and a beta of 0.03. LightInTheBox Holding Co., Ltd. has a 52 week low of $1.15 and a 52 week high of $4.17. The business has a 50 day moving average price of $3.21 and a 200-day moving average price of $2.77.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in LightInTheBox stock. SmartHarvest Portfolios LLC purchased a new stake in LightInTheBox Holding Co., Ltd. (NYSE:LITB – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and 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 as of its most recent filing with the Securities and Exchange Commission. 56.77% of the stock is currently owned by institutional investors.
LightInTheBox Company Profile
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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