Huize (NASDAQ:HUIZ) CEO Cunjun Ma Purchases 10,000 Shares of Stock

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) CEO Cunjun Ma purchased 10,000 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were acquired at an average price of $1.69 per share, for a total transaction of $16,900.00. Following the purchase, the chief executive officer directly owned 124,818 shares in the company, valued at approximately $210,942.42. The trade was a 8.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Cunjun Ma also recently made the following trade(s):

• On Friday, April 10th, Cunjun Ma purchased 5,000 shares of Huize stock. The shares were acquired at an average price of $1.50 per share, for a total transaction of $7,500.00.
• On Thursday, April 9th, Cunjun Ma purchased 100 shares of Huize stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $145.00.
• On Wednesday, April 8th, Cunjun Ma purchased 339 shares of Huize stock. The shares were acquired at an average price of $1.42 per share, for a total transaction of $481.38.
• On Friday, April 3rd, Cunjun Ma acquired 179 shares of Huize stock. The stock was bought at an average cost of $1.39 per share, for a total transaction of $248.81.
• On Thursday, April 2nd, Cunjun Ma acquired 6,000 shares of Huize stock. The stock was bought at an average cost of $1.42 per share, for a total transaction of $8,520.00.

Huize Stock Up 7.6%

NASDAQ HUIZ opened at $1.69 on Tuesday. The stock’s 50-day moving average price is $1.75 and its 200-day moving average price is $2.62. Huize Holding Limited Sponsored ADR has a 52 week low of $1.19 and a 52 week high of $4.53. The company has a market capitalization of $17.05 million, a P/E ratio of 56.33 and a beta of 0.60.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Huize in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $2.30.

Hedge Funds Weigh In On Huize

A hedge fund recently bought a new stake in Huize stock. SmartHarvest Portfolios LLC acquired a new position in Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,993 shares of the company’s stock, valued at approximately $34,000. SmartHarvest Portfolios LLC owned 0.12% of Huize as of its most recent SEC filing.

About Huize

Huize Holding Limited operates as a technology-driven online insurance distribution platform in China, offering a wide spectrum of personal insurance products including life, health, accident, property and casualty, and travel policies. Through its proprietary technology infrastructure, the company aggregates product information from insurance carriers, provides comparative quotes, and facilitates policy purchase and after-sales service. Huize’s platform integrates data analytics, automated underwriting tools and user-friendly interfaces to streamline insurance selection and enrollment processes for individual customers and small-to-medium enterprises.

Founded in 2012 and headquartered in Beijing, Huize serves clients across mainland China via a multi-channel distribution model.