on May 15Tiger'sRichesRoarThe latest 13D document disclosed on the US Securities and Exchange Commission website showsTiger'sRichesRoarLi Gangjiang, former chairman of Baijia Cloud Group (NASDAQ: RTC) and major shareholder of the company, recently increased his holdings of 400,000 shares through the secondary market, with an average transaction price of 1Tiger'sRichesRoar.24 USD/share. In January this year, Li Gangjiang resigned as CEO and chairman of Baijiayun for personal reasons.
Many brokerage institutions believe that the current valuation of the SaaS technology company sector is lower than that of overseas leaders, and its own valuation level is at the relatively bottom of the historical range, so the valuation of the sector may be undervalued in stages. As the economy continues to recover and the pressure of destocking is released, market expectations for the performance of relevant sectors will return to stability, and the sector valuation system is expected to stabilize or even rebound.
