Bin (William) Li, Director at Uxin Ltd (UXIN), bought 104,931,794 shares at $0.01 ($997K) on 2026-09-23, disclosed to the SEC on 2026-09-24.
Director Bin (William) Li purchased $996,852.04 worth of Uxin shares at $0.01 per share, marking the largest insider purchase in the company's history and signaling potential confidence in the stock's recovery. This massive accumulation comes as the company navigates margin pressures from new vehicle price declines.
Uxin is currently trading at a market capitalization of approximately $239.78 million. The stock is currently undervalued with a forward P/E of -3707.1, and short interest is very low at 0.81% of the float.
1) Uxin Q2 Earnings Call Highlights on 2026-09-24: The company reported retail vehicle sales growth outpacing China's broader used-car market, though margins were pressured by new vehicle price declines. 2) The largest insider purchase ever recorded: With a cluster size of 1, this single massive buy serves as a significant catalyst for momentum.
1) Margin Pressure: Recent news indicates that rapid price declines in new internal-combustion-engine vehicles are pressuring the company's margins and prompting accelerated inventory sell-through. 2) Low Float: With a short interest of only 0.81%, there is limited short-covering support if the stock faces selling pressure.
Nothing distinguishes this filing.