Financial Lp Hrt Purchases 65,073 Shares of Decent (NASDAQ:DXST) Stock

Decent Holding Inc. (NASDAQ:DXST) major shareholder Financial Lp Hrt acquired 65,073 shares of the company’s stock in a transaction dated 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 acquisition, the insider owned 188,392 shares in the company, valued at approximately $887,326.32. This trade represents a 52.77% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 Thursday, June 4th, Financial Lp Hrt sold 128,698 shares of Decent stock. The stock was sold at an average price of $5.36, for a total transaction of $689,821.28.

Decent Stock Performance

Shares of DXST stock opened at $4.14 on Friday. Decent Holding Inc. has a 52-week low of $1.50 and a 52-week high of $62.00. The firm has a fifty day moving average of $2.48 and a 200-day moving average of $17.91.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DXST. Weiss Ratings restated a “sell (d)” rating on shares of Decent in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Decent from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Hedge Funds Weigh In On Decent

A hedge fund recently bought a new stake in Decent stock. Jane Street Group LLC bought a new position in shares of Decent Holding Inc. (NASDAQ:DXST) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned approximately 0.40% of Decent as of its most recent SEC filing.

About Decent

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.