Corporate Services Lt Elements Purchases 2,138,181 Shares of Minim (NASDAQ:FIEE) Stock

Minim, Inc. (NASDAQ:FIEE) major shareholder Corporate Services Lt Elements purchased 2,138,181 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were purchased at an average cost of $1.29 per share, with a total value of $2,758,253.49. Following the completion of the purchase, the insider owned 3,119,830 shares in the company, valued at $4,024,580.70. This represents a 217.82% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Minim Stock Performance

Shares of NASDAQ FIEE traded up $0.14 during trading hours on Thursday, hitting $5.71. The stock had a trading volume of 108,657 shares, compared to its average volume of 271,729. The firm’s 50-day moving average price is $3.71 and its two-hundred day moving average price is $3.00. Minim, Inc. has a 52 week low of $0.16 and a 52 week high of $7.95. The company has a market capitalization of $456,800.00, a P/E ratio of -1.08 and a beta of 1.81.

Minim (NASDAQ:FIEE) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.05) EPS for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.The business had revenue of $1.94 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Minim in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Minim

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.