Maison Solutions (NASDAQ:MSS) Major Shareholder Financial Lp Hrt Acquires 7,553 Shares of Stock

Maison Solutions Inc. (NASDAQ:MSS) major shareholder Financial Lp Hrt purchased 7,553 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were acquired at an average cost of $1.40 per share, for a total transaction of $10,574.20. Following the completion of the transaction, the insider directly owned 131,242 shares of the company’s stock, valued at $183,738.80. This trade represents a 6.11% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Wednesday, August 12th, Financial Lp Hrt acquired 22,559 shares of Maison Solutions stock. The shares were acquired at an average price of $1.42 per share, with a total value of $32,033.78.

Maison Solutions Stock Up 1.4%

NASDAQ:MSS traded up $0.02 on Friday, hitting $1.43. 298,517 shares of the company’s stock traded hands, compared to its average volume of 443,386. The company has a market cap of $872,300.00, a PE ratio of -0.05 and a beta of 4.16. Maison Solutions Inc. has a 1 year low of $1.24 and a 1 year high of $198.00. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.96. The firm has a 50-day moving average price of $2.95 and a 200-day moving average price of $6.82.

Analysts Set New Price Targets

MSS has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of Maison Solutions to a “strong sell” rating in a research report on Saturday, August 1st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research note on Friday, July 17th. Finally, Zacks Research upgraded Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Maison Solutions has a consensus rating of “Hold” and an average price target of $162.50.

Hedge Funds Weigh In On Maison Solutions

An institutional investor recently bought a new stake in Maison Solutions stock. XTX Topco Ltd bought a new position in Maison Solutions Inc. (NASDAQ:MSS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned 0.16% of Maison Solutions at the end of the most recent reporting period. 2.37% of the stock is currently owned by hedge funds and other institutional investors.

About Maison Solutions

Maison Solutions Inc, together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores.