New insider activity at Addentax Group ( (ATXG) ) has taken place on February 11, 2025.
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CEO Hong Zhida has made a significant investment in Addentax Group by purchasing 10,900 shares, valued at $10,219. This move demonstrates strong confidence in the company’s future prospects.
Recent Updates on ATXG stock
Addentax Group has recently acquired 3.75 million common shares in Well Information Technology, securing a 2.5% equity stake for $750,000. This strategic investment, made in cash, is part of Addentax’s effort to expand its portfolio and presence in the technology sector. The acquisition is expected to influence the company’s stock price by strengthening its market position and diversifying its investments. However, specific price target changes were not detailed, as the focus was on the strategic nature of the acquisition and its potential impact on the company’s growth trajectory.
More about Addentax Group
YTD Price Performance: 58.46%
Average Trading Volume: 25,127
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.09M