Financial Lp Hrt Buys 125,911 Shares of 707 Cayman (NASDAQ:JEM) Stock

707 Cayman Holdings Limited (NASDAQ:JEM) major shareholder Financial Lp Hrt bought 125,911 shares of the business’s stock in a transaction on Thursday, July 9th. The shares were acquired at an average price of $1.07 per share, with a total value of $134,724.77. Following the completion of the purchase, the insider directly owned 186,419 shares of the company’s stock, valued at approximately $199,468.33. The trade was a 208.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Large 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 Friday, July 10th, Financial Lp Hrt sold 48,418 shares of 707 Cayman stock. The shares were sold at an average price of $0.60, for a total value of $29,050.80.
• On Thursday, July 9th, Financial Lp Hrt purchased 10,492 shares of 707 Cayman stock. The shares were acquired at an average cost of $12.84 per share, with a total value of $134,717.28.
• On Friday, July 10th, Financial Lp Hrt sold 4,034 shares of 707 Cayman stock. The stock was sold at an average price of $7.20, for a total value of $29,044.80.
• On Wednesday, July 8th, Financial Lp Hrt sold 9,360 shares of 707 Cayman stock. The shares were sold at an average price of $13.56, for a total value of $126,921.60.
• On Tuesday, July 7th, Financial Lp Hrt bought 11,439 shares of 707 Cayman stock. The stock was acquired at an average price of $16.32 per share, for a total transaction of $186,684.48.

707 Cayman Price Performance

Shares of NASDAQ JEM opened at $5.49 on Thursday. 707 Cayman Holdings Limited has a 12 month low of $4.50 and a 12 month high of $1,620.00. The stock has a 50-day moving average price of $20.81 and a two-hundred day moving average price of $26.86.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in 707 Cayman stock. Geode Capital Management LLC bought a new position in shares of 707 Cayman Holdings Limited (NASDAQ:JEM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 13,807 shares of the company’s stock, valued at approximately $72,000. Geode Capital Management LLC owned 0.06% of 707 Cayman at the end of the most recent reporting period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of 707 Cayman from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About 707 Cayman

We are a Hong Kong-based company that sells quality apparel products and provides supply chain management total solutions to our customers spanning from Western Europe, North America to the Middle East. We were founded in 2021 and became wholly-owned by Mr. Cheung, executive director and chief executive officer, in May 2022 and have grown, in a short period of time, building relationships with a diverse range of customers. Our customers include mid-size brand owners and apparel companies that have comprehensive operations with private labels that are sold worldwide.