Maison Solutions (NASDAQ:MSS) Major Shareholder Purchases $32,033.78 in Stock

Maison Solutions Inc. (NASDAQ:MSS) major shareholder Financial Lp Hrt acquired 22,559 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was acquired at an average cost of $1.42 per share, for a total transaction of $32,033.78. Following the completion of the acquisition, the insider directly owned 123,689 shares in the company, valued at approximately $175,638.38. The trade was a 22.31% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Major shareholders that own more than 10% 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 acquired 7,553 shares of Maison Solutions stock. The stock was acquired at an average price of $1.40 per share, for a total transaction of $10,574.20.

Maison Solutions Stock Performance

Shares of Maison Solutions stock traded up $0.02 during trading on Friday, hitting $1.43. 298,517 shares of the company’s stock were exchanged, compared to its average volume of 443,386. The stock has a market capitalization of $872,300.00, a price-to-earnings ratio of -0.05 and a beta of 4.16. The business has a 50-day simple moving average of $2.95 and a 200-day simple moving average of $6.82. Maison Solutions Inc. has a 52-week low of $1.24 and a 52-week high of $198.00. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.37 and a current ratio of 0.67.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MSS. Zacks Research raised Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a report on Friday, July 17th. Finally, Wall Street Zen cut Maison Solutions to a “strong sell” rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Maison Solutions has a consensus rating of “Hold” and an average price target of $162.50.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd purchased a new stake in Maison Solutions Inc. (NASDAQ:MSS) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned approximately 0.16% of Maison Solutions as of its most recent SEC filing. 2.37% of the stock is currently owned by hedge funds and other institutional investors.

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.