XChange TEC.INC (NASDAQ:XHG) Major Shareholder Sells $18,346.50 in Stock

XChange TEC.INC (NASDAQ:XHG) major shareholder Financial Lp Hrt sold 20,385 shares of XChange TEC.INC stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $0.90, for a total transaction of $18,346.50. Following the transaction, the insider now directly owns 9,720 shares in the company, valued at approximately $8,748. This represents a 67.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 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 Friday, December 27th, Financial Lp Hrt bought 12,027 shares of XChange TEC.INC stock. The shares were purchased at an average cost of $0.89 per share, for a total transaction of $10,704.03.

XChange TEC.INC Stock Down 15.5 %

Shares of XHG stock opened at $0.78 on Friday. The business’s 50 day moving average is $1.69. XChange TEC.INC has a 12-month low of $0.64 and a 12-month high of $60.00.

About XChange TEC.INC

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.