Decent (NASDAQ:DXST) Major Shareholder Financial Lp Hrt Buys 65,073 Shares

Decent Holding Inc. (NASDAQ:DXST) major shareholder Financial Lp Hrt acquired 65,073 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were bought at an average price of $4.71 per share, for a total transaction of $306,493.83. Following the completion of the purchase, the insider owned 188,392 shares of the company’s stock, valued at approximately $887,326.32. This represents a 52.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares 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 shares were sold at an average price of $5.36, for a total transaction of $689,821.28.

Decent Stock Performance

Shares of NASDAQ DXST opened at $4.14 on Friday. Decent Holding Inc. has a fifty-two week low of $1.50 and a fifty-two week high of $62.00. The firm’s 50-day simple moving average is $2.48 and its 200 day simple moving average is $17.91.

Institutional Investors Weigh In On Decent

An institutional investor recently bought a new position in Decent stock. Jane Street Group LLC purchased a new position in Decent Holding Inc. (NASDAQ:DXST) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 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.

Analyst Ratings Changes

DXST has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Decent from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Weiss Ratings restated a “sell (d)” rating on shares of Decent in a research note on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Decent has an average rating of “Sell”.

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.