Uxin (NASDAQ:UXIN) CEO Buys $10,200.51 in Stock

Uxin Limited Sponsored ADR (NASDAQ:UXIN) CEO Kun Dai acquired 9,027 shares of Uxin stock in a transaction dated Friday, October 9th. The shares were acquired at an average cost of $1.13 per share, with a total value of $10,200.51. Following the completion of the acquisition, the chief executive officer directly owned 72,629 shares in the company, valued at $82,070.77. This trade represents a 14.19% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible 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 Monday, October 12th, Kun Dai bought 9,800 shares of Uxin stock. The shares were acquired at an average price of $1.15 per share, for a total transaction of $11,270.00.
• On Thursday, October 8th, Kun Dai bought 11,836 shares of Uxin stock. The shares were acquired 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 acquired at an average cost of $1.21 per share, for a total transaction of $6,661.05.
• On Tuesday, October 6th, Kun Dai purchased 7,023 shares of Uxin stock. The stock was acquired 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 acquired 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 acquired at an average price of $1.29 per share, with a total value of $7,316.88.
• On Thursday, October 1st, Kun Dai bought 9,000 shares of Uxin stock. The stock was bought at an average cost of $1.42 per share, with a total value of $12,780.00.
• On Wednesday, September 30th, Kun Dai bought 7,443 shares of Uxin stock. The shares were bought at an average price of $1.34 per share, with a total value of $9,973.62.
• On Tuesday, September 29th, Kun Dai bought 8,440 shares of Uxin stock. The shares were bought at an average price of $1.26 per share, with a total value of $10,634.40.

Uxin Price Performance

Shares of UXIN stock opened at $1.13 on Tuesday. The stock’s fifty day simple moving average is $1.18 and its 200 day simple moving average is $1.89. The firm has a market cap of $244.58 million, a price-to-earnings ratio of -4.04 and a beta of 0.75. Uxin Limited Sponsored ADR has a one year low of $0.90 and a one year high of $4.18.

Uxin (NASDAQ:UXIN) last released its quarterly earnings data 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.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UXIN. Wall Street Zen lowered shares of Uxin from a “hold” rating to a “sell” rating in a report on Saturday, June 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Uxin in a report on Friday, October 2nd. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus 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.