Insider Buying: TDH (NASDAQ:PETZ) CEO Purchases $3,563,630.40 in Stock

TDH Holdings, Inc. (NASDAQ:PETZ) CEO Dandan Liu acquired 2,969,692 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was purchased at an average cost of $1.20 per share, with a total value of $3,563,630.40. Following the completion of the transaction, the chief executive officer owned 5,069,389 shares in the company, valued at $6,083,266.80. The trade was a 141.43% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

TDH Stock Down 3.3%

Shares of TDH stock traded down $0.04 during trading hours on Monday, hitting $1.15. 4,586,004 shares of the company’s stock traded hands, compared to its average volume of 187,221. TDH Holdings, Inc. has a twelve month low of $0.81 and a twelve month high of $1.82. The stock has a 50 day simple moving average of $1.26 and a 200-day simple moving average of $1.19.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded TDH from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TDH stock. Citadel Advisors LLC bought a new position in TDH Holdings, Inc. (NASDAQ:PETZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned about 0.33% of TDH as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.01% of the company’s stock.

TDH Company Profile

PETZ Ltd. (NASDAQ: PETZ) is a leading specialty retailer in the pet care sector, offering a comprehensive range of products and services for companion animals. The company’s retail footprint spans both brick-and-mortar stores and an e-commerce platform, providing customers with pet food, accessories, supplies and healthcare solutions. In addition to its merchandise offerings, PETZ operates in-store veterinary clinics, grooming salons and boarding facilities, positioning itself as a one-stop destination for pet owners seeking convenience and expertise.

Founded in 2002 by Aristides V.