Key Points
- NAMI CFO Jun Jason Jiang sold shares repeatedly, including 58,000 shares for $19,720 in the latest transaction and several additional sales in early June and late May. After the latest sale, he still directly owned 2,865,034 shares, worth about $974,112.
- The stock remains under pressure, opening at $0.29 versus a 50-day average of $0.42 and a 200-day average of $0.56. NAMI is also near its 52-week low of $0.22, far below its 52-week high of $2.05.
- NAMI is set for a 1-for-625 reverse split on June 23, with shareholder share counts adjusted after the close on June 22. The company recently reported a quarterly loss of $0.06 per share on revenue of $14.97 million, and analysts currently rate the stock a Sell.
NAMI Corp. (NASDAQ:NAMI - Get Free Report) CFO Jun Jason Jiang sold 58,000 shares of the company's stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $0.34, for a total transaction of $19,720.00. Following the sale, the chief financial officer directly owned 2,865,034 shares of the company's stock, valued at approximately $974,111.56. This represents a 1.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Jun Jason Jiang also recently made the following trade(s):
- On Tuesday, June 9th, Jun Jason Jiang sold 10,000 shares of NAMI stock. The shares were sold at an average price of $0.29, for a total transaction of $2,900.00.
- On Friday, June 5th, Jun Jason Jiang sold 932 shares of NAMI stock. The shares were sold at an average price of $0.27, for a total transaction of $251.64.
- On Thursday, June 4th, Jun Jason Jiang sold 10,000 shares of NAMI stock. The shares were sold at an average price of $0.27, for a total transaction of $2,700.00.
- On Wednesday, June 3rd, Jun Jason Jiang sold 41,364 shares of NAMI stock. The shares were sold at an average price of $0.29, for a total transaction of $11,995.56.
- 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 stock was sold at an average price of $0.29, for a total value of $580.00.
- On Friday, May 29th, Jun Jason Jiang sold 2,000 shares of NAMI stock. The stock was sold at an average price of $0.30, for a total value 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 value 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 value 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 value of $8,910.00.
NAMI Stock Performance
Shares of NAMI opened at $0.29 on Thursday. The business has a 50-day simple moving average of $0.42 and a two-hundred day simple moving average of $0.56. NAMI Corp. has a 52 week low of $0.22 and a 52 week high of $2.05.
NAMI shares are set to reverse split on the morning of 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 issued its quarterly earnings results on Tuesday, April 28th. The company reported ($0.06) EPS for the quarter. The business had revenue of $14.97 million during the quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of NAMI from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell".
Read Our Latest Stock 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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