Uxin (NASDAQ:UXIN) Stock: Insider Kun Dai Buys 8,683 Shares

Uxin Limited Sponsored ADR (NASDAQ:UXIN – Get Free Report) CEO Kun Dai purchased 8,683 shares of Uxin stock in a transaction dated Monday, October 5th. The stock was acquired at an average cost of $1.27 per share, with a total value of $11,027.41. Following the completion of the acquisition, the chief executive officer directly owned 39,238 shares in the company, valued at approximately $49,832.26. This trade represents a 28.42% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, 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 Friday, October 2nd, Kun Dai acquired 5,672 shares of Uxin stock. The stock was acquired at an average price of $1.29 per share, with a total value of $7,316.88.
  • On Thursday, October 1st, Kun Dai acquired 9,000 shares of Uxin stock. The shares were bought at an average cost of $1.42 per share, for a total transaction of $12,780.00.
  • On Wednesday, September 30th, Kun Dai acquired 7,443 shares of Uxin stock. The stock was purchased at an average cost of $1.34 per share, with a total value of $9,973.62.
  • On Tuesday, September 29th, Kun Dai bought 8,440 shares of Uxin stock. The shares were acquired at an average price of $1.26 per share, with a total value of $10,634.40.

Uxin Stock Down 2.4%

Shares of UXIN traded down $0.03 during mid-day trading on Tuesday, reaching $1.24. 35,798 shares of the company’s stock were exchanged, compared to its average volume of 303,178. The company has a 50-day simple moving average of $1.20 and a two-hundred day simple moving average of $1.97. The company has a market cap of $267.31 million, a price-to-earnings ratio of -4.41 and a beta of 0.75. Uxin Limited Sponsored ADR has a 52-week low of $0.90 and a 52-week high of $4.18.

Uxin (NASDAQ:UXIN – Get Free Report) last released 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.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UXIN shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Uxin in a research report on Wednesday, July 8th. Wall Street Zen downgraded Uxin from a “hold” rating to a “sell” rating in a report on Saturday, June 20th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $4.50.

Get Our Latest Analysis 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.

Further Reading

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