Insider Buying: Greenpro Capital (NASDAQ:GRNQ) CEO Buys 65,591 Shares of Stock

Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Chong Kuang Lee bought 65,591 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of $1.52 per share, for a total transaction of $99,698.32. Following the acquisition, the chief executive officer directly owned 1,940,884 shares of the company’s stock, valued at approximately $2,950,143.68. The trade was a 3.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Chong Kuang Lee also recently made the following trade(s):

• On Friday, May 29th, Chong Kuang Lee bought 28,949 shares of Greenpro Capital stock. The stock was purchased at an average cost of $1.73 per share, for a total transaction of $50,081.77.
• On Tuesday, April 28th, Chong Kuang Lee purchased 107,310 shares of Greenpro Capital stock. The shares were purchased at an average price of $2.33 per share, with a total value of $250,032.30.

Greenpro Capital Stock Up 0.3%

Shares of Greenpro Capital stock opened at $1.49 on Monday. The firm has a market cap of $26.94 million, a PE ratio of -3.83 and a beta of 0.95. The company’s fifty day simple moving average is $1.69 and its two-hundred day simple moving average is $1.91. Greenpro Capital Corp. has a 12-month low of $1.21 and a 12-month high of $3.18.

Greenpro Capital (NASDAQ:GRNQ) last posted its earnings results on Friday, May 8th. The company reported ($0.10) earnings per share (EPS) for the quarter. Greenpro Capital had a negative return on equity of 31.13% and a negative net margin of 153.32%.The business had revenue of $0.41 million during the quarter.

Institutional Investors Weigh In On Greenpro Capital

Several institutional investors and hedge funds have recently modified their holdings of GRNQ. Geode Capital Management LLC boosted its stake in shares of Greenpro Capital by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after purchasing an additional 5,656 shares in the last quarter. DRW Securities LLC bought a new position in Greenpro Capital in the fourth quarter worth about $30,000. Finally, Susquehanna International Group LLP bought a new position in Greenpro Capital in the third quarter worth about $34,000. 0.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Greenpro Capital Company Profile

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.