TDH (NASDAQ:PETZ) CEO Buys $3,563,630.40 in Stock

TDH Holdings, Inc. (NASDAQ:PETZ) CEO Dandan Liu acquired 2,969,692 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was acquired at an average price of $1.20 per share, for a total transaction of $3,563,630.40. Following the purchase, the chief executive officer directly owned 5,069,389 shares of the company’s stock, valued at approximately $6,083,266.80. This trade represents a 141.43% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

TDH Trading Up 8.1%

Shares of NASDAQ PETZ opened at $1.60 on Thursday. TDH Holdings, Inc. has a 12 month low of $0.81 and a 12 month high of $1.82. The stock has a 50 day moving average of $1.27 and a 200-day moving average of $1.20.

Institutional Trading of TDH

A hedge fund recently bought a new position in TDH stock. Citadel Advisors LLC purchased a new stake in TDH Holdings, Inc. (NASDAQ:PETZ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned 0.33% of TDH at the end of the most recent reporting period. Institutional investors and hedge funds own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of TDH from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About TDH

PETZ Ltd. (NASDAQ: PETZ) is a leading specialty retailer in the pet care sector, offering a comprehensive range of products and services for companion animals. The company’s retail footprint spans both brick-and-mortar stores and an e-commerce platform, providing customers with pet food, accessories, supplies and healthcare solutions. In addition to its merchandise offerings, PETZ operates in-store veterinary clinics, grooming salons and boarding facilities, positioning itself as a one-stop destination for pet owners seeking convenience and expertise.

Founded in 2002 by Aristides V.