Financial Lp Hrt Sells 128,698 Shares of Decent (NASDAQ:DXST) Stock

Decent Holding Inc. (NASDAQ:DXST) major shareholder Financial Lp Hrt sold 128,698 shares of Decent stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $5.36, for a total value of $689,821.28. Following the completion of the sale, the insider owned 59,694 shares in the company, valued at approximately $319,959.84. The trade was a 68.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Wednesday, June 3rd, Financial Lp Hrt acquired 65,073 shares of Decent stock. The stock was purchased at an average price of $4.71 per share, for a total transaction of $306,493.83.

Decent Trading Up 22.8%

DXST stock opened at $4.14 on Friday. Decent Holding Inc. has a 12-month low of $1.50 and a 12-month high of $62.00. The business’s 50-day moving average is $2.48 and its 200 day moving average is $17.91.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DXST shares. Wall Street Zen upgraded Decent from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Weiss Ratings restated a “sell (d)” rating on shares of Decent in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Trading of Decent

A hedge fund recently bought a new stake in Decent stock. Jane Street Group LLC purchased a new stake in shares of Decent Holding Inc. (NASDAQ:DXST) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned 0.40% of Decent as of its most recent filing with the SEC.

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.