Financial Lp Hrt Sells 9,054 Shares of Meiwu Technology (NASDAQ:WNW) Stock

Meiwu Technology Company Limited (NASDAQ:WNW) major shareholder Financial Lp Hrt sold 9,054 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $3.66, for a total transaction of $33,137.64. Following the completion of the sale, the insider directly owned 13,918 shares in the company, valued at approximately $50,939.88. This represents a 39.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Thursday, May 7th, Financial Lp Hrt purchased 3,069 shares of Meiwu Technology stock. The stock was acquired at an average price of $3.70 per share, for a total transaction of $11,355.30.

Meiwu Technology Trading Up 0.3%

Shares of WNW stock opened at $3.21 on Wednesday. Meiwu Technology Company Limited has a 1 year low of $2.80 and a 1 year high of $1,352.00. The firm’s fifty day moving average price is $43.77 and its two-hundred day moving average price is $115.06.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WNW shares. Weiss Ratings lowered shares of Meiwu Technology from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, May 4th. Wall Street Zen lowered shares of Meiwu Technology to a “strong sell” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Meiwu Technology Company Profile

Wunong Net Technology Company Limited, a holding company, engages in the online retail of foods products in China. The company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It also operates a restaurant under the Wunong Food Hall name; and engages in the wholesale of agricultural products. The company was formerly known as Advancement International Limited and changed its name to Wunong Net Technology Company Limited in August 2019.