Maison Solutions (NASDAQ:MSS) Major Shareholder Financial Lp Hrt Sells 32,556 Shares of Stock

Maison Solutions Inc. (NASDAQ:MSS) major shareholder Financial Lp Hrt sold 32,556 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1.84, for a total value of $59,903.04. Following the completion of the transaction, the insider directly owned 64,892 shares in the company, valued at $119,401.28. The trade was a 33.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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 Thursday, August 13th, Financial Lp Hrt bought 7,553 shares of Maison Solutions stock. The shares were bought at an average price of $1.40 per share, for a total transaction of $10,574.20.
• On Wednesday, August 12th, Financial Lp Hrt bought 22,559 shares of Maison Solutions stock. The shares were bought at an average price of $1.42 per share, with a total value of $32,033.78.

Maison Solutions Stock Performance

Shares of MSS stock opened at $1.48 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.67 and a quick ratio of 0.37. The stock has a market cap of $902,800.00, a PE ratio of -0.06 and a beta of 4.16. The stock has a 50-day moving average of $2.53 and a 200-day moving average of $6.36. Maison Solutions Inc. has a one year low of $1.24 and a one year high of $198.00.

Institutional Trading of Maison Solutions

A hedge fund recently bought a new position in Maison Solutions stock. XTX Topco Ltd purchased a new stake in shares of Maison Solutions Inc. (NASDAQ:MSS) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned about 0.16% of Maison Solutions at the end of the most recent reporting period. 2.37% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on MSS. Zacks Research upgraded Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Wall Street Zen downgraded Maison Solutions to a “strong sell” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a research note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Maison Solutions presently has a consensus rating of “Hold” and a consensus target price of $162.50.

About Maison Solutions

Maison Solutions Inc, together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores.