Key Points
- NAMI CFO Jun Jason Jiang sold 41,364 shares on June 3 at an average price of $0.29, for total proceeds of about $11,996. His stake fell 1.39% to 2,933,966 shares.
- The CFO has been actively selling shares recently, with multiple insider sales reported throughout late May and early June, including several larger transactions earlier in the month.
- NAMI shares were trading weakly and are set for a reverse split, with the stock down 5% to $0.27 and a planned 1-for-625 reverse split effective June 23.
NAMI Corp. (NASDAQ:NAMI - Get Free Report) CFO Jun Jason Jiang sold 41,364 shares of the firm's stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $0.29, for a total transaction of $11,995.56. Following the transaction, the chief financial officer owned 2,933,966 shares in the company, valued at $850,850.14. This represents a 1.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Jun Jason Jiang also recently made the following trade(s):
- On Tuesday, June 2nd, Jun Jason Jiang sold 500 shares of NAMI stock. The shares were sold at an average price of $0.28, for a total transaction of $140.00.
- On Monday, June 1st, Jun Jason Jiang sold 2,000 shares of NAMI stock. The shares were sold at an average price of $0.29, for a total transaction of $580.00.
- On Friday, May 29th, Jun Jason Jiang sold 2,000 shares of NAMI stock. The shares were sold at an average price of $0.30, for a total transaction of $600.00.
- On Thursday, May 28th, Jun Jason Jiang sold 8,500 shares of NAMI stock. The stock was sold at an average price of $0.30, for a total transaction of $2,550.00.
- On Wednesday, May 27th, Jun Jason Jiang sold 10,100 shares of NAMI stock. The stock was sold at an average price of $0.34, for a total transaction of $3,434.00.
- On Tuesday, May 26th, Jun Jason Jiang sold 27,000 shares of NAMI stock. The stock was sold at an average price of $0.33, for a total transaction of $8,910.00.
- On Thursday, May 21st, Jun Jason Jiang sold 7,000 shares of NAMI stock. The stock was sold at an average price of $0.35, for a total transaction of $2,450.00.
- On Friday, May 22nd, Jun Jason Jiang sold 940 shares of NAMI stock. The stock was sold at an average price of $0.30, for a total transaction of $282.00.
- On Wednesday, May 20th, Jun Jason Jiang sold 61,760 shares of NAMI stock. The stock was sold at an average price of $0.33, for a total transaction of $20,380.80.
- 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.
NAMI Trading Down 5.0%
Shares of NAMI opened at $0.27 on Friday. NAMI Corp. has a one year low of $0.24 and a one year high of $2.05. The company's fifty day moving average price is $0.45 and its 200 day moving average price is $0.57.
Shares of NAMI are going to reverse split on Tuesday, June 23rd. The 1-625 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, June 22nd.
NAMI (NASDAQ:NAMI - Get Free Report) last announced its 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.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of NAMI from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, NAMI presently has a consensus rating of "Sell".
Get Our Latest Report on NAMI
About NAMI
(
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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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