Jun Jason Jiang Sells 58,000 Shares of NAMI (NASDAQ:NAMI) Stock

NAMI Corp. (NASDAQ:NAMI) CFO Jun Jason Jiang sold 58,000 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $0.34, for a total value of $19,720.00. Following the transaction, the chief financial officer owned 2,865,034 shares in the company, valued at approximately $974,111.56. This represents a 1.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 value of $2,900.00.
• On Friday, June 5th, Jun Jason Jiang sold 932 shares of NAMI stock. The stock was sold at an average price of $0.27, for a total value of $251.64.
• On Thursday, June 4th, Jun Jason Jiang sold 10,000 shares of NAMI stock. The stock was sold at an average price of $0.27, for a total value of $2,700.00.
• On Wednesday, June 3rd, Jun Jason Jiang sold 41,364 shares of NAMI stock. The stock was sold at an average price of $0.29, for a total value of $11,995.56.
• On Tuesday, June 2nd, Jun Jason Jiang sold 500 shares of NAMI stock. The stock was sold at an average price of $0.28, for a total value 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 Trading Down 11.2%

NAMI stock opened at $0.26 on Friday. NAMI Corp. has a fifty-two week low of $0.22 and a fifty-two week high of $2.05. The business’s 50 day moving average price is $0.41 and its two-hundred day moving average price is $0.56.

Shares of NAMI are going to reverse split before the market opens 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) last posted its earnings results on Tuesday, April 28th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $14.97 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

NAMI Company Profile

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.