XChange TEC.INC (NASDAQ:XHG) Major Shareholder Purchases $10,704.03 in Stock

XChange TEC.INC (NASDAQ:XHG) major shareholder Financial Lp Hrt purchased 12,027 shares of XChange TEC.INC stock in a transaction on Friday, December 27th. The stock was bought at an average cost of $0.89 per share, with a total value of $10,704.03. Following the completion of the acquisition, the insider now owns 30,105 shares in the company, valued at approximately $26,793.45. This trade represents a 66.53 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, December 30th, Financial Lp Hrt sold 20,385 shares of XChange TEC.INC stock. The shares were sold at an average price of $0.90, for a total transaction of $18,346.50.

XChange TEC.INC Stock Up 6.7 %

XHG stock traded up $0.06 during trading on Thursday, reaching $0.92. 260,019 shares of the stock were exchanged, compared to its average volume of 303,129. XChange TEC.INC has a twelve month low of $0.64 and a twelve month high of $60.00. The business’s 50 day simple moving average is $1.81.

XChange TEC.INC Company Profile

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.