Highpower International Inc (HPJ) Director Sells $191,708.25 in Stock

Highpower International Inc (NASDAQ:HPJ) Director Wen Liang Li sold 33,225 shares of Highpower International stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $5.77, for a total value of $191,708.25. Following the completion of the transaction, the director now directly owns 1,649,745 shares in the company, valued at approximately $9,519,028.65. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Friday, October 27th, Wen Liang Li sold 8,881 shares of Highpower International stock. The stock was sold at an average price of $5.75, for a total value of $51,065.75.
  • On Wednesday, October 25th, Wen Liang Li sold 6,433 shares of Highpower International stock. The stock was sold at an average price of $5.50, for a total value of $35,381.50.
  • On Friday, October 13th, Wen Liang Li sold 4,070 shares of Highpower International stock. The stock was sold at an average price of $5.52, for a total value of $22,466.40.
  • On Tuesday, October 10th, Wen Liang Li sold 83,918 shares of Highpower International stock. The stock was sold at an average price of $5.28, for a total value of $443,087.04.
  • On Wednesday, October 11th, Wen Liang Li sold 173,415 shares of Highpower International stock. The stock was sold at an average price of $5.40, for a total value of $936,441.00.
  • 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 released its earnings results on Thursday, August 10th. The technology company reported $0.28 earnings per share for the quarter. Highpower International had a return on equity of 23.37% and a net margin of 5.61%. The firm had revenue of $51.70 million for the quarter.

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An institutional investor recently raised its position in Highpower International stock. Spark Investment Management LLC raised its stake in Highpower International Inc (NASDAQ:HPJ) by 49.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 137,300 shares of the technology company’s stock after buying an additional 45,700 shares during the quarter. Spark Investment Management LLC owned 0.90% of Highpower International worth $501,000 as of its most recent filing with the Securities and Exchange Commission. 8.52% of the stock is owned by institutional investors.

Highpower International Company Profile

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.

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