Highpower International Inc (HPJ) Director Wen Liang Li Sells 173,415 Shares of Stock

Highpower International Inc (NASDAQ:HPJ) Director Wen Liang Li sold 173,415 shares of the firm’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $5.40, for a total value of $936,441.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Friday, October 6th, Wen Liang Li sold 73,806 shares of Highpower International stock. The stock was sold at an average price of $5.03, for a total value of $371,244.18.
  • On Thursday, September 21st, Wen Liang Li sold 1,800 shares of Highpower International stock. The stock was 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 stock was 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 stock was 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 stock was sold at an average price of $5.00, for a total value of $500.00.

Highpower International (NASDAQ:HPJ) last posted its earnings results on Thursday, August 10th. The technology company reported $0.28 earnings per share for the quarter. The company had revenue of $51.70 million for the quarter. Highpower International had a net margin of 5.61% and a return on equity of 23.37%.

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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 2nd quarter, according to the company in its most recent 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 0.90% of Highpower International worth $501,000 at the end of the most recent reporting period. 8.52% of the stock is owned by institutional investors.

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)

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