Yu Dunde Buys 27,000 Shares of Tuniu (NASDAQ:TOUR) Stock

Tuniu Corporation (NASDAQ:TOUR) CEO Yu Dunde acquired 27,000 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average cost of $0.73 per share, with a total value of $19,710.00. Following the transaction, the chief executive officer directly owned 35,895 shares in the company, valued at $26,203.35. The trade was a 303.54% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Yu Dunde also recently made the following trade(s):

• On Tuesday, March 24th, Yu Dunde bought 2,000 shares of Tuniu stock. The shares were acquired at an average price of $0.72 per share, with a total value of $1,440.00.

Tuniu Stock Up 4.2%

TOUR opened at $0.72 on Wednesday. The stock’s 50 day moving average price is $0.67 and its two-hundred day moving average price is $0.76. The firm has a market capitalization of $83.81 million, a P/E ratio of 14.32 and a beta of 0.45. Tuniu Corporation has a 12-month low of $0.56 and a 12-month high of $1.12.

Tuniu shares are going to reverse split before the market opens on Wednesday, April 22nd. The 1-10 reverse split was announced on Friday, March 20th. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, April 21st.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tuniu in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Tuniu

A hedge fund recently bought a new stake in Tuniu stock. Jane Street Group LLC purchased a new stake in Tuniu Corporation (NASDAQ:TOUR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 50,564 shares of the technology company’s stock, valued at approximately $31,000.

About Tuniu

Tuniu International Limited is a China-based online leisure travel company that operates a comprehensive travel services platform under the brand name Tuniu (NASDAQ: TOUR). Headquartered in Nanjing, the company was founded in 2006 and was incorporated in the Cayman Islands in May 2010. Tuniu completed its initial public offering on the Nasdaq Stock Market in December 2014, positioning itself to expand its suite of digital travel offerings and strengthen its strategic partnerships with suppliers and local agencies.

The company’s flagship platform, tuniu.com, provides a broad array of travel products and services, including packaged group tours, customized private tours, independent travel solutions, corporate travel management, hotel and resort bookings, air ticketing, cruise vacations and car rentals.