707 Cayman Holdings Limited (NASDAQ:JEM – Get Free Report) major shareholder Financial Lp Hrt sold 112,322 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $1.13, for a total transaction of $126,923.86. Following the completion of the sale, the insider owned 60,508 shares in the company, valued at $68,374.04. This represents a 64.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Financial Lp Hrt also recently made the following trade(s):
- On Tuesday, July 7th, Financial Lp Hrt acquired 137,268 shares of 707 Cayman stock. The stock was purchased at an average cost of $1.36 per share, for a total transaction of $186,684.48.
707 Cayman Trading Down 4.3%
Shares of NASDAQ JEM traded down $0.05 during trading hours on Thursday, hitting $1.12. 2,867,868 shares of the stock were exchanged, compared to its average volume of 2,448,500. The firm has a fifty day moving average price of $1.80 and a 200-day moving average price of $2.35. 707 Cayman Holdings Limited has a 12 month low of $1.00 and a 12 month high of $135.00.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on JEM
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in 707 Cayman stock. Geode Capital Management LLC bought a new position in shares of 707 Cayman Holdings Limited (NASDAQ:JEM – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,807 shares of the company’s stock, valued at approximately $72,000. Geode Capital Management LLC owned 0.06% of 707 Cayman as of its most recent SEC filing.
About 707 Cayman
We are a Hong Kong-based company that sells quality apparel products and provides supply chain management total solutions to our customers spanning from Western Europe, North America to the Middle East. We were founded in 2021 and became wholly-owned by Mr. Cheung, executive director and chief executive officer, in May 2022 and have grown, in a short period of time, building relationships with a diverse range of customers. Our customers include mid-size brand owners and apparel companies that have comprehensive operations with private labels that are sold worldwide.
Featured Stories
- Five stocks we like better than 707 Cayman
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Receive News & Ratings for 707 Cayman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 707 Cayman and related companies with MarketBeat.com's FREE daily email newsletter.
