XChange TEC.INC (NASDAQ:XHG) Major Shareholder Acquires $10,704.03 in Stock

XChange TEC.INC (NASDAQ:XHG) major shareholder Financial Lp Hrt purchased 12,027 shares of the business’s stock in a transaction on Friday, December 27th. The stock was acquired at an average price of $0.89 per share, for a total transaction of $10,704.03. Following the completion of the purchase, the insider now owns 30,105 shares of the company’s stock, valued at $26,793.45. This represents a 66.53 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% 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 Monday, December 30th, Financial Lp Hrt sold 20,385 shares of XChange TEC.INC stock. The stock was sold at an average price of $0.90, for a total value of $18,346.50.

XChange TEC.INC Trading Up 6.7 %

Shares of NASDAQ XHG opened at $0.92 on Friday. The stock’s 50-day simple moving average is $1.81. XChange TEC.INC has a fifty-two week low of $0.64 and a fifty-two week 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.