Decent (NASDAQ:DXST) Major Shareholder Financial Lp Hrt Sells 128,698 Shares

Decent Holding Inc. (NASDAQ:DXST) major shareholder Financial Lp Hrt sold 128,698 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $5.36, for a total transaction of $689,821.28. Following the completion of the sale, the insider directly owned 59,694 shares of the company’s stock, valued at $319,959.84. The trade was a 68.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 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, June 3rd, Financial Lp Hrt bought 65,073 shares of Decent stock. The stock was acquired at an average cost of $4.71 per share, with a total value of $306,493.83.

Decent Stock Up 22.8%

Shares of NASDAQ:DXST opened at $4.14 on Friday. The company has a 50-day simple moving average of $2.48 and a 200-day simple moving average of $17.91. Decent Holding Inc. has a one year low of $1.50 and a one year high of $62.00.

Analyst Ratings Changes

DXST has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Decent in a report on Friday, May 1st. Wall Street Zen raised shares of Decent from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Decent

An institutional investor recently bought a new position in Decent stock. Jane Street Group LLC purchased a new stake in Decent Holding Inc. (NASDAQ:DXST) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned about 0.40% of Decent at the end of the most recent reporting period.

Decent Company Profile

Decent Holding, Inc engages in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration, and river ecosystem management. Its products and services include river water quality management and microbial products for water quality enhancement and pollutant cleansing purposes. The company was founded by Ding Xin Sun on January 6, 2022 and is headquartered in Yantai, China.