---
title: "U Power (UCAR) Stock Is Trending Overnight — Here's Why It Spiked Over 27% In After-Hours Session"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287162497.md"
description: "U Power Ltd. (NASDAQ:UCAR) shares surged 27.21% to $1.73 in after-hours trading following insider purchases and SEC filings by executives. CEO Jia Li bought over 1.8 million shares at $1.64 each, totaling around $3 million, indicating strong insider confidence. The company recently completed a 10-for-1 share consolidation and has a market cap of $31.53 million, with a 52-week trading range of $0.38 to $49.80."
datetime: "2026-05-21T04:20:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287162497.md)
  - [en](https://longbridge.com/en/news/287162497.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287162497.md)
generator: "portal-rs"
---

# U Power (UCAR) Stock Is Trending Overnight — Here's Why It Spiked Over 27% In After-Hours Session

**U Power Ltd.** (NASDAQ:UCAR) shares surged 27.21% to $1.73 in the after-hours session on Thursday following multiple **Securities and Exchange Commission** filings submitted by company officials.

## What You Should Know

A Thursday SEC filing revealed CEO **Jia Li** purchased over 1.8 million Class A ordinary shares at $1.64 apiece on May 6, totaling approximately $3 million. 

The buy was a direct open-market purchase, not a stock grant or award, suggesting strong insider conviction in the company. Li also holds shares indirectly through three British Virgin Islands-registered entities he fully owns.

On the same day, three company executives, Chief Financial Officer **Bingyi Zhao**, Director **Quanshi Chen** and **Xiaochun Li**, filed initial ownership disclosures with the SEC.

Zhao disclosed indirect ownership of 12,245 Class A shares via **U Battery Limited**.

The new energy commercial vehicle company recently completed a 10-for-1 share consolidation effective Apr. 1.

## Trading Metrics, Technical Analysis

U Power has a market capitalization of $31.53 million. Its stock has traded between a 52-week high of $49.80 and a 52-week low of $0.38.

UCAR's Relative Strength Index (RSI) is 39.14.

Over the past 12 months, the stock of the technology company has dropped 95.31%.

Currently, UCAR is positioned close to its annual low.

**Price Action:** According to Benzinga Pro data, the stock closed the regular session at $1.36, up 8.80%.

**Benzinga’s Edge Stock Rankings** indicate that UCAR has a negative price trend across all time frames.

*Photo Courtesy: Gorodenkoff on Shutterstock.com*

**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**