Financial Lp Hrt Sells 20,385 Shares of XChange TEC.INC (NASDAQ:XHG) Stock

XChange TEC.INC (NASDAQ:XHG) major shareholder Financial Lp Hrt sold 20,385 shares of the company’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $0.90, for a total transaction of $18,346.50. Following the completion of the sale, the insider now directly owns 9,720 shares of the company’s stock, valued at $8,748. This trade represents a 67.71 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more 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 purchased 12,027 shares of XChange TEC.INC stock. The shares were bought at an average price of $0.89 per share, for a total transaction of $10,704.03.

XChange TEC.INC Stock Up 6.7 %

XChange TEC.INC stock traded up $0.06 during trading hours on Thursday, reaching $0.92. The stock had a trading volume of 260,019 shares, compared to its average volume of 303,129. The company’s fifty day simple moving average is $1.81. XChange TEC.INC has a 52 week low of $0.64 and a 52 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.