8 institutions hold shares in Kaixin Auto Holdings (KXIN), with 53.45M shares held by insiders accounting for 89.60% while institutional investors hold 7.03% of the company’s shares. The shares outstanding are 59.65M, and float is at 10.95M with Short Float at 8.25%. Institutions hold 0.73% of the Float.
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The top institutional shareholder in the company is CSS LLC with over 0.14 million shares valued at $80176.0. The investor’s holdings represent 0.23% of the KXIN Shares outstanding. As of Sep 29, 2020, the second largest holder is Mint Tower Capital Management B.V. with 100000.0 shares valued at $57000.0 to account for 0.16% of the shares outstanding. The other top investors are Davidson Kempner Capital Management LP which holds 84929.0 shares representing 0.14% and valued at over $48409.0, while Westchester Capital Management, LLC holds 0.08% of the shares totaling 47499.0 with a market value of $27074.0.
Kaixin Auto Holdings (NASDAQ: KXIN) is 12.06% higher on its value in year-to-date trading and has touched a low of $0.40 and a high of $13.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KXIN stock was last observed hovering at around $4.15 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $4.18, the stock is 4.04% and 2.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.63 million and changing 0.72% at the moment leaves the stock 81.46% off its SMA200. KXIN registered 269.91% gain for a year compared to 6-month gain of 354.35%. The firm has a 50-day simple moving average (SMA 50) of $4.0339 and a 200-day simple moving average (SMA200) of $2.9875.
The stock witnessed a 7.18% loss in the last 1 month and extending the period to 3 months gives it a 38.41%, and is 1.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.44% over the week and 12.10% over the month.
Kaixin Auto Holdings (KXIN) has around 279 employees, a market worth around $270.32M and $163.40M in sales. Distance from 52-week low is 944.74% and -68.81% from its 52-week high.
Kaixin Auto Holdings (KXIN) Analyst Forecasts
Kaixin Auto Holdings (KXIN) Insider Activity
A total of 1 insider transactions have happened at Kaixin Auto Holdings (KXIN) in the last six months, with sales accounting for 1 and purchases happening 0 times. The most recent transaction is an insider sale by Shareholder Value Fund, the company’s 10% Owner. SEC filings show that Shareholder Value Fund sold 160,000 shares of the company’s common stock on Nov 13 at a price of $3.15 per share for a total of $0.5 million. Following the sale, the insider now owns 9.25 million shares.