Uxin (NASDAQ:UXIN) CEO Kun Dai Purchases 9,027 Shares of Company Stock

Uxin Limited Sponsored ADR (NASDAQ:UXIN) CEO Kun Dai purchased 9,027 shares of the firm’s stock in a transaction dated Friday, October 9th. The stock was acquired at an average price of $1.13 per share, with a total value of $10,200.51. Following the purchase, the chief executive officer directly owned 72,629 shares of the company’s stock, valued at approximately $82,070.77. The trade was a 14.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kun Dai also recently made the following trade(s):

• On Monday, October 12th, Kun Dai purchased 9,800 shares of Uxin stock. The shares were acquired at an average cost of $1.15 per share, for a total transaction of $11,270.00.
• On Thursday, October 8th, Kun Dai acquired 11,836 shares of Uxin stock. The shares were acquired at an average cost of $1.13 per share, for a total transaction of $13,374.68.
• On Wednesday, October 7th, Kun Dai acquired 5,505 shares of Uxin stock. The stock was acquired at an average price of $1.21 per share, with a total value of $6,661.05.
• On Tuesday, October 6th, Kun Dai acquired 7,023 shares of Uxin stock. The stock was acquired at an average price of $1.24 per share, with a total value of $8,708.52.
• On Monday, October 5th, Kun Dai bought 8,683 shares of Uxin stock. The stock was acquired at an average cost of $1.27 per share, with a total value of $11,027.41.
• On Friday, October 2nd, Kun Dai bought 5,672 shares of Uxin stock. The stock was acquired at an average cost of $1.29 per share, with a total value of $7,316.88.
• On Thursday, October 1st, Kun Dai bought 9,000 shares of Uxin stock. The shares were bought at an average price of $1.42 per share, for a total transaction of $12,780.00.
• On Wednesday, September 30th, Kun Dai bought 7,443 shares of Uxin stock. The shares were bought at an average price of $1.34 per share, for a total transaction of $9,973.62.
• On Tuesday, September 29th, Kun Dai purchased 8,440 shares of Uxin stock. The shares were bought at an average cost of $1.26 per share, for a total transaction of $10,634.40.

Uxin Stock Down 0.9%

Shares of NASDAQ UXIN opened at $1.12 on Wednesday. The firm’s 50-day moving average price is $1.17 and its 200-day moving average price is $1.87. The company has a market cap of $242.41 million, a PE ratio of -4.00 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) last announced its quarterly earnings results on Thursday, September 24th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $169.44 million for the quarter.

Wall Street Analyst Weigh In

UXIN has been the topic of several research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Uxin in a report on Friday, October 2nd. Wall Street Zen lowered shares of Uxin from a “hold” rating to a “sell” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.50.

About Uxin

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.