Insider Buying: Uxin (NASDAQ:UXIN) CEO Purchases $11,270.00 in Stock

Uxin Limited Sponsored ADR (NASDAQ:UXIN – Get Free Report) CEO Kun Dai acquired 9,800 shares of the business’s stock in a transaction dated Monday, October 12th. The shares were acquired at an average cost of $1.15 per share, with a total value of $11,270.00. Following the acquisition, the chief executive officer directly owned 82,429 shares of the company’s stock, valued at $94,793.35. This represents a 13.49% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Wednesday, October 14th, Kun Dai acquired 5,400 shares of Uxin stock. The stock was bought at an average price of $1.09 per share, for a total transaction of $5,886.00.
  • On Friday, October 9th, Kun Dai bought 9,027 shares of Uxin stock. The stock was bought at an average cost of $1.13 per share, for a total transaction of $10,200.51.
  • On Thursday, October 8th, Kun Dai bought 11,836 shares of Uxin stock. The shares were bought at an average price of $1.13 per share, with a total value of $13,374.68.
  • On Wednesday, October 7th, Kun Dai bought 5,505 shares of Uxin stock. The shares were bought at an average price of $1.21 per share, with a total value of $6,661.05.
  • On Tuesday, October 6th, Kun Dai purchased 7,023 shares of Uxin stock. The stock was bought at an average cost of $1.24 per share, with a total value of $8,708.52.
  • On Monday, October 5th, Kun Dai purchased 8,683 shares of Uxin stock. The stock was bought at an average cost of $1.27 per share, with a total value of $11,027.41.
  • On Friday, October 2nd, Kun Dai purchased 5,672 shares of Uxin stock. The stock was bought at an average cost of $1.29 per share, for a total transaction of $7,316.88.
  • On Thursday, October 1st, Kun Dai purchased 9,000 shares of Uxin stock. The stock was 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 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 acquired 8,440 shares of Uxin stock. The shares were bought at an average price of $1.26 per share, for a total transaction of $10,634.40.

Uxin Stock Performance

NASDAQ UXIN opened at $1.04 on Friday. Uxin Limited Sponsored ADR has a 52-week low of $0.90 and a 52-week high of $4.18. The company has a market capitalization of $225.10 million, a P/E ratio of -3.71 and a beta of 0.75. The company has a fifty day moving average of $1.17 and a 200-day moving average of $1.84.

Uxin (NASDAQ:UXIN – Get Free Report) last announced its earnings results on Thursday, September 24th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $169.44 million for the quarter.

Wall Street Analyst Weigh In

Several brokerages have issued reports on UXIN. Wall Street Zen lowered Uxin from a “hold” rating to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Uxin in a report on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $4.50.

Get Our Latest Report 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

Insider Buying and Selling by Quarter for Uxin (NASDAQ:UXIN)

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