Decent (NASDAQ:DXST) Major Shareholder Acquires $306,493.83 in Stock

Decent Holding Inc. (NASDAQ:DXST) major shareholder Financial Lp Hrt bought 65,073 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was bought at an average price of $4.71 per share, with a total value of $306,493.83. Following the purchase, the insider owned 188,392 shares in the company, valued at $887,326.32. This trade represents a 52.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Thursday, June 4th, Financial Lp Hrt sold 128,698 shares of Decent stock. The stock was sold at an average price of $5.36, for a total value of $689,821.28.

Decent Stock Performance

Shares of NASDAQ DXST opened at $4.14 on Monday. Decent Holding Inc. has a 52 week low of $1.50 and a 52 week high of $62.00. The business has a 50-day simple moving average of $2.48 and a two-hundred day simple moving average of $17.72.

Analyst Ratings Changes

Several research analysts have commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of Decent in a research note on Friday, May 1st. Wall Street Zen upgraded Decent from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Trading of Decent

An institutional investor recently bought a new position in Decent stock. Jane Street Group LLC bought a new position in Decent Holding Inc. (NASDAQ:DXST) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned about 0.40% of Decent at the end of the most recent reporting period.

Decent Company Profile

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.