Uxin (NASDAQ:UXIN) CEO Kun Dai Buys 9,800 Shares of Company Stock

Uxin Limited Sponsored ADR (NASDAQ:UXIN) CEO Kun Dai purchased 9,800 shares of the company’s stock in a transaction dated Monday, October 12th. The stock was purchased at an average cost of $1.15 per share, for a total transaction of $11,270.00. Following the transaction, the chief executive officer owned 82,429 shares of the company’s stock, valued at approximately $94,793.35. This trade represents a 13.49% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Kun Dai acquired 9,027 shares of Uxin stock. The shares were purchased at an average cost of $1.13 per share, with a total value of $10,200.51.
• On Thursday, October 8th, Kun Dai bought 11,836 shares of Uxin stock. The stock was purchased at an average price of $1.13 per share, for a total transaction of $13,374.68.
• On Wednesday, October 7th, Kun Dai bought 5,505 shares of Uxin stock. The stock was purchased at an average price of $1.21 per share, for a total transaction of $6,661.05.
• On Tuesday, October 6th, Kun Dai bought 7,023 shares of Uxin stock. The stock was purchased at an average price of $1.24 per share, for a total transaction of $8,708.52.
• On Monday, October 5th, Kun Dai bought 8,683 shares of Uxin stock. The shares were purchased 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 shares were purchased at an average price of $1.29 per share, with a total value of $7,316.88.
• On Thursday, October 1st, Kun Dai purchased 9,000 shares of Uxin stock. The stock was acquired at an average cost of $1.42 per share, for a total transaction of $12,780.00.
• On Wednesday, September 30th, Kun Dai purchased 7,443 shares of Uxin stock. The stock was acquired at an average cost 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 stock was acquired at an average price of $1.26 per share, for a total transaction of $10,634.40.

Uxin Stock Performance

NASDAQ UXIN opened at $1.12 on Wednesday. Uxin Limited Sponsored ADR has a twelve month low of $0.90 and a twelve month high of $4.18. The stock has a market capitalization of $242.41 million, a PE ratio of -4.00 and a beta of 0.75. The stock has a 50-day simple moving average of $1.17 and a 200 day simple moving average of $1.87.

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

Analyst Ratings Changes

UXIN has been the topic of a number of research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Uxin in a research report on Friday, October 2nd. Wall Street Zen lowered shares of Uxin from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price 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.