Insider Buying: Greenpro Capital (NASDAQ:GRNQ) CEO Buys $99,698.32 in Stock

Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Chong Kuang Lee bought 65,591 shares of the stock in a transaction on Tuesday, June 30th. The shares were acquired at an average cost of $1.52 per share, for a total transaction of $99,698.32. Following the completion of the transaction, the chief executive officer directly owned 1,940,884 shares of the company’s stock, valued at approximately $2,950,143.68. The trade was a 3.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Chong Kuang Lee also recently made the following trade(s):

• On Friday, May 29th, Chong Kuang Lee purchased 28,949 shares of Greenpro Capital stock. The stock was bought at an average cost of $1.73 per share, with a total value of $50,081.77.
• On Tuesday, April 28th, Chong Kuang Lee purchased 107,310 shares of Greenpro Capital stock. The stock was bought at an average cost of $2.33 per share, with a total value of $250,032.30.

Greenpro Capital Stock Performance

GRNQ opened at $1.41 on Thursday. The company has a market cap of $25.42 million, a PE ratio of -3.62 and a beta of 0.95. The stock has a 50-day moving average of $1.63 and a 200-day moving average of $1.90. Greenpro Capital Corp. has a 52-week low of $1.21 and a 52-week high of $3.18.

Greenpro Capital (NASDAQ:GRNQ) last issued its quarterly earnings data on Friday, May 8th. The company reported ($0.10) earnings per share for the quarter. Greenpro Capital had a negative net margin of 153.32% and a negative return on equity of 31.13%. The company had revenue of $0.41 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Greenpro Capital

Institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP acquired a new position in shares of Greenpro Capital during the 3rd quarter worth about $34,000. DRW Securities LLC bought a new stake in shares of Greenpro Capital in the fourth quarter valued at approximately $30,000. Finally, Geode Capital Management LLC grew its stake in shares of Greenpro Capital by 7.7% in the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after acquiring an additional 5,656 shares during the last quarter. 0.87% of the stock is currently owned by institutional investors.

About Greenpro Capital

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.