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Insta360 Block Trade at 1% Discount, Institutional Buyer

Published: Updated: By 24TopNews Editorial Desk

Insta360 (Yingshi Innovation) saw a block trade of 200,000 shares worth RMB 22.43 million on September 2, priced at RMB 112.15 per share, a 1% discount to the closing price. The buyer was an institutional desk, while the seller was a Guotai Haitong Securities branch. The stock closed down 3.23% at RMB 113.28, with net main capital outflow of RMB 46.51 million.

Insta360 (Yingshi Innovation) executed a block trade on September 2, involving 200,000 shares with a total value of RMB 22.43 million. The transaction price was RMB 112.15 per share, representing a 1.00% discount to the day's closing price. The buying desk was an institutional dedicated seat, while the seller was the Bao'an Yifang Center Securities Business Department of Guotai Haitong Securities Co. , Ltd. Statistics show that over the past three months, the stock has recorded 66 block trades, with a combined turnover of RMB 1.465 billion.

On the same day, Insta360 closed at RMB 113.28, down 3.23%, with a daily turnover rate of 1.48% and trading volume of RMB 435 million. Main capital saw a net outflow of RMB 46.51 million for the day. Over the past five trading days, the stock has fallen 4.97%, with cumulative net capital outflows of RMB 64.24 million.

Margin trading data shows that the stock's latest margin financing balance stood at RMB 734 million, up RMB 25.01 million over the past five days, an increase of 3.53%. Insta360 Technology Co. was established on July 9, 2015, with a registered capital of RMB 401 million.