Jun Jason Jiang Sells 40,000 Shares of NAMI (NASDAQ:NAMI) Stock

NAMI Corp. (NASDAQ:NAMI) CFO Jun Jason Jiang sold 40,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $0.32, for a total transaction of $12,800.00. Following the sale, the chief financial officer directly owned 2,815,034 shares of the company’s stock, valued at $900,810.88. This represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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 stock was sold at an average price of $0.29, for a total transaction of $2,900.00.
• On Monday, June 8th, Jun Jason Jiang sold 58,000 shares of NAMI stock. The stock was sold at an average price of $0.34, for a total transaction of $19,720.00.
• 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 transaction 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 transaction 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 transaction 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 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 transaction 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 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.

NAMI Stock Performance

NAMI opened at $0.26 on Friday. NAMI Corp. has a twelve month low of $0.22 and a twelve month high of $2.05. The firm’s 50-day moving average price is $0.41 and its 200 day moving average price is $0.56.

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) last posted its quarterly earnings results on Tuesday, April 28th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $14.97 million for the quarter.

Wall Street Analyst Weigh In

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