Insider Selling: Highpower International Inc (HPJ) Director Sells 73,806 Shares of Stock

Highpower International Inc (NASDAQ:HPJ) Director Wen Liang Li sold 73,806 shares of the company’s stock in a transaction on Friday, October 6th. The shares were sold at an average price of $5.03, for a total value of $371,244.18. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Wen Liang Li also recently made the following trade(s):

  • On Thursday, September 21st, Wen Liang Li sold 1,800 shares of Highpower International stock. The shares were sold at an average price of $5.25, for a total value of $9,450.00.
  • On Wednesday, September 20th, Wen Liang Li sold 83,152 shares of Highpower International stock. The shares were sold at an average price of $5.11, for a total value of $424,906.72.
  • On Tuesday, September 19th, Wen Liang Li sold 117,224 shares of Highpower International stock. The shares were sold at an average price of $5.04, for a total value of $590,808.96.
  • On Monday, September 18th, Wen Liang Li sold 100 shares of Highpower International stock. The shares were sold at an average price of $5.00, for a total value of $500.00.

Shares of Highpower International Inc (HPJ) traded up 6.93% on Tuesday, reaching $5.40. The company’s stock had a trading volume of 653,201 shares. The company has a market cap of $82.93 million, a P/E ratio of 7.29 and a beta of 2.32. The company has a 50 day moving average price of $4.66 and a 200 day moving average price of $4.56. Highpower International Inc has a 52-week low of $2.00 and a 52-week high of $6.00.

Highpower International (NASDAQ:HPJ) last released its quarterly earnings results on Thursday, August 10th. The technology company reported $0.28 earnings per share (EPS) for the quarter. Highpower International had a return on equity of 23.37% and a net margin of 5.61%. The firm had revenue of $51.70 million for the quarter. On average, analysts anticipate that Highpower International Inc will post $0.32 earnings per share for the current fiscal year.

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A hedge fund recently raised its stake in Highpower International stock. Spark Investment Management LLC lifted its stake in Highpower International Inc (NASDAQ:HPJ) by 49.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 137,300 shares of the technology company’s stock after acquiring an additional 45,700 shares during the quarter. Spark Investment Management LLC owned approximately 0.90% of Highpower International worth $501,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 8.52% of the company’s stock.

About Highpower International

Highpower International, Inc, through its subsidiaries, is engaged in the manufacturing and marketing of nickel metal hydride rechargeable batteries (Ni-MH) and lithium batteries for both consumer and industrial applications. The Company operates through three segments: Lithium Batteries, Ni-MH Batteries and New Material.

Insider Buying and Selling by Quarter for Highpower International (NASDAQ:HPJ)

Insider Buying and Selling by Quarter for Highpower International (NASDAQ:HPJ)

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