Insider Selling: NAMI (NASDAQ:NAMI) CFO Sells $12,800.00 in Stock

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

NAMI Stock Performance

Shares of NASDAQ:NAMI opened at $0.25 on Monday. NAMI Corp. has a 1 year low of $0.22 and a 1 year high of $2.05. The business has a fifty day simple moving average of $0.41 and a 200 day simple moving average of $0.56.

NAMI’s stock is 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) last announced its quarterly earnings data on Tuesday, April 28th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $14.97 million during the quarter.

Wall Street Analyst Weigh In

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

About NAMI

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.