ChinaNet Online Holdings, Inc. (NASDAQ:CNET) is on recovery track with 105.88% gain from a 1-year low price of $1.02. The company lost -4.98% to attain the price of $2.1 on 4/12/2019. Throughout the recent session, the prices were hovering between $2.09 and $2.2. These shares are 1219.05% off its target price of $27.7 and the current market capitalization stands at $31.65M. The recent change has given its price a 16.79% lead over SMA 50 and -47.37% deficit over its 52-week high. The stock witnessed 25% gains, 20% gains and 47.89% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CNET’s volatility during a week at 9.14% and during a month it has been found around 9.69%.

ChinaNet Online Holdings, Inc. 13F Filings

At the end of December reporting period, 4 institutional holders increased their position in ChinaNet Online Holdings, Inc. (NASDAQ:CNET) by some 74,391 shares, 6 decreased positions by 86,331 and 3 held positions by 25,608. That puts total institutional holdings at 186,330 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 71,302 shares while 3 institutional investors sold out their entire positions totaling 16,793 shares.

ChinaNet Online Holdings, Inc. (NASDAQ:CNET) Insider Trades

Multiple company employees have indulged in significant insider trading. ChinaNet Online Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CFO, 10% Owner Zhang Zhige has acquired 1,652 shares of ChinaNet Online Holdings, Inc. (CNET) in the trading session dated Dec. 03, 2012. These shares are worth $4,214 and were traded at $2.55 each. The SEC filing shows that Liu Xuanfu performed a purchase of 1,652 shares. The 10% Owner added these shares by way of transaction on Dec. 03, 2012. The company’s shares were assimilated at $2.55 per share worth to an investment of some $4,214 to the account of Liu Xuanfu.

10% Owner, Rise King Investment Ltd, purchased 6,047 common shares of ChinaNet Online Holdings, Inc. (CNET) in the open market. In a transaction dated Dec. 03, 2012, the shares were bought at an average price of $2.55, giving away a sum of $15,419. After this purchase, 3,005,965 common shares of CNET are directly owned by the insider, with total stake valued at $6,312,526.

In the transaction dated Dec. 03, 2012, a great number of shares acquired came courtesy the CEO and President, 10% Owner; Cheng Handong added a total of 1,652 shares at an average price of $2.55, amounting to approximately $4,214. The insider now directly owns 3,005,965 shares worth $6,312,526.