Insider Selling: Maison Solutions (NASDAQ:MSS) Major Shareholder Sells $59,903.04 in Stock

Maison Solutions Inc. (NASDAQ:MSS) major shareholder Financial Lp Hrt sold 32,556 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1.84, for a total transaction of $59,903.04. Following the completion of the transaction, the insider owned 64,892 shares in the company, valued at $119,401.28. This represents a 33.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more 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 Thursday, August 13th, Financial Lp Hrt acquired 7,553 shares of Maison Solutions stock. The shares were bought at an average cost of $1.40 per share, with a total value of $10,574.20.
• On Wednesday, August 12th, Financial Lp Hrt acquired 22,559 shares of Maison Solutions stock. The stock was bought at an average price of $1.42 per share, with a total value of $32,033.78.

Maison Solutions Stock Performance

NASDAQ:MSS opened at $1.48 on Monday. Maison Solutions Inc. has a 1-year low of $1.24 and a 1-year high of $198.00. The business’s 50-day moving average price is $2.53 and its two-hundred day moving average price is $6.31. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $902,800.00, a price-to-earnings ratio of -0.06 and a beta of 4.16.

Wall Street Analysts Forecast Growth

MSS has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a research note on Friday, July 17th. Zacks Research raised shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Finally, Wall Street Zen lowered shares of Maison Solutions to a “strong sell” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Maison Solutions presently has a consensus rating of “Hold” and a consensus price target of $162.50.

Hedge Funds Weigh In On Maison Solutions

A hedge fund recently bought a new position in Maison Solutions stock. XTX Topco Ltd bought a new position in shares of Maison Solutions Inc. (NASDAQ:MSS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned 0.16% of Maison Solutions as of its most recent filing with the SEC. Hedge funds and other institutional investors own 2.37% of the company’s stock.

Maison Solutions Company Profile

Maison Solutions Inc, together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores.