Bitcoin price today: slips below $113k, near 6-wk low despite Fed cut bets
Yasui Daishin, a significant shareholder of HeartCore Enterprises , Inc. (NASDAQ:HTCR), has sold 300 shares of the company’s common stock. The transaction, which took place on March 19, 2025, was executed at a price of $0.95 per share, totaling $285. Following this sale, Daishin’s direct ownership stands at 2,325,125 shares. The stock has shown strong momentum recently, gaining nearly 14% in the past week, while offering investors an attractive 7.55% dividend yield and trading at a P/E ratio of 7.01.
HeartCore Enterprises, a company based in Tokyo, operates in the computer processing and data preparation sector. The company has demonstrated robust financial health with 47.63% revenue growth in the last twelve months and maintains a healthy current ratio of 1.88. According to InvestingPro analysis, the stock appears undervalued at current levels, with 12 additional exclusive insights available to subscribers.
In other recent news, HeartCore Enterprises, Inc. has established a Compensation Committee and a Nominating and Corporate Governance Committee within its Board of Directors. This move follows CEO Sumitaka Yamamoto’s share sales, which resulted in the company losing its "controlled company" status. The Compensation Committee will include three independent directors: Ferdinand Groenewald, Heather Neville (Chair), and Koji Sato, with additional annual compensation for their roles. Koji Sato will also chair the Nominating and Corporate Governance Committee, which comprises the same directors. These changes are in response to Nasdaq requirements, which mandate a majority of the board to be independent directors. HeartCore previously utilized exemptions available to controlled companies, which did not require these committees. The company now has one year to comply with Nasdaq’s majority independent board requirement. The charters for both committees have been filed with the SEC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.