Key Points
- NAMI CFO Jun Jason Jiang sold 61,760 shares on May 20 at an average price of $0.33, totaling about $20,380.80. After the transaction, he still owned 3,033,370 shares, a 2% reduction in his holdings.
- The CFO has been actively selling shares in a series of trades earlier in May, including multiple smaller sales on May 6, 7, 8, 11, 12, 13, 14, 15, 18, and 19.
- NAMI shares were down sharply and remain under pressure, opening at $0.30 and falling 20.7% on the day. The stock is well below its 50-day and 200-day moving averages, and the company recently reported a quarterly loss of $0.06 per share on revenue of $14.97 million.
NAMI Corp. (NASDAQ:NAMI - Get Free Report) CFO Jun Jason Jiang sold 61,760 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $0.33, for a total transaction of $20,380.80. Following the sale, the chief financial officer directly owned 3,033,370 shares of the company's stock, valued at approximately $1,001,012.10. This represents a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Jun Jason Jiang also recently made the following trade(s):
- On Tuesday, May 19th, Jun Jason Jiang sold 2,000 shares of NAMI stock. The stock was sold at an average price of $0.36, for a total transaction of $720.00.
- On Monday, May 18th, Jun Jason Jiang sold 1,900 shares of NAMI stock. The stock was sold at an average price of $0.37, for a total transaction of $703.00.
- On Friday, May 15th, Jun Jason Jiang sold 1,000 shares of NAMI stock. The shares were sold at an average price of $0.36, for a total value of $360.00.
- On Thursday, May 14th, Jun Jason Jiang sold 1,900 shares of NAMI stock. The shares were sold at an average price of $0.36, for a total value of $684.00.
- On Wednesday, May 13th, Jun Jason Jiang sold 1,500 shares of NAMI stock. The shares were sold at an average price of $0.35, for a total value of $525.00.
- On Tuesday, May 12th, Jun Jason Jiang sold 36 shares of NAMI stock. The shares were sold at an average price of $0.31, for a total value of $11.16.
- On Monday, May 11th, Jun Jason Jiang sold 1,000 shares of NAMI stock. The shares were sold at an average price of $0.36, for a total value of $360.00.
- On Friday, May 8th, Jun Jason Jiang sold 1,790 shares of NAMI stock. The shares were sold at an average price of $0.38, for a total value of $680.20.
- On Thursday, May 7th, Jun Jason Jiang sold 1,610 shares of NAMI stock. The shares were sold at an average price of $0.38, for a total value of $611.80.
- On Wednesday, May 6th, Jun Jason Jiang sold 251 shares of NAMI stock. The shares were sold at an average price of $0.37, for a total value of $92.87.
NAMI Trading Down 20.7%
Shares of NASDAQ:NAMI opened at $0.30 on Friday. NAMI Corp. has a one year low of $0.24 and a one year high of $3.35. The stock has a fifty day moving average of $0.51 and a 200-day moving average of $0.61.
NAMI (NASDAQ:NAMI - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported ($0.06) EPS for the quarter. The company had revenue of $14.97 million for the quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings downgraded shares of NAMI from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, NAMI presently has an average rating of "Sell".
View Our Latest Research Report on NAMI
NAMI Company Profile
(
Get Free Report)
Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.
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