Decent (NASDAQ:DXST) Major Shareholder Sells $689,821.28 in Stock

Decent Holding Inc. (NASDAQ:DXST) major shareholder Financial Lp Hrt sold 128,698 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $5.36, for a total value of $689,821.28. Following the transaction, the insider owned 59,694 shares of the company’s stock, valued at $319,959.84. The trade was a 68.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own at least 10% 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 Wednesday, June 3rd, Financial Lp Hrt bought 65,073 shares of Decent stock. The shares were bought at an average price of $4.71 per share, with a total value of $306,493.83.

Decent Stock Performance

Decent stock opened at $4.14 on Monday. Decent Holding Inc. has a 1 year low of $1.50 and a 1 year high of $62.00. The business has a 50-day moving average of $2.48 and a 200-day moving average of $17.72.

Institutional Investors Weigh In On Decent

A hedge fund recently bought a new stake in Decent stock. Jane Street Group LLC bought a new stake in Decent Holding Inc. (NASDAQ:DXST) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned approximately 0.40% of Decent at the end of the most recent quarter.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on DXST shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Decent in a report on Friday, May 1st. Wall Street Zen upgraded Decent from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About Decent

Decent Holding, Inc engages in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration, and river ecosystem management. Its products and services include river water quality management and microbial products for water quality enhancement and pollutant cleansing purposes. The company was founded by Ding Xin Sun on January 6, 2022 and is headquartered in Yantai, China.