Linkhome (NASDAQ:LHAI) CEO Sells $250,000.50 in Stock

Linkhome Holdings Inc. (NASDAQ:LHAI) CEO Zhen Qin sold 166,667 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $1.50, for a total value of $250,000.50. Following the transaction, the chief executive officer directly owned 633,333 shares of the company’s stock, valued at $949,999.50. This trade represents a 20.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Zhen Qin also recently made the following trade(s):

• On Tuesday, March 17th, Zhen Qin sold 1,413,333 shares of Linkhome stock. The shares were sold at an average price of $1.50, for a total value of $2,119,999.50.

Linkhome Price Performance

Shares of LHAI stock opened at $0.94 on Friday. Linkhome Holdings Inc. has a 12-month low of $0.53 and a 12-month high of $22.33. The firm has a market capitalization of $15.30 million and a price-to-earnings ratio of -47.15. The business has a 50 day simple moving average of $1.19 and a 200 day simple moving average of $5.07.

Linkhome (NASDAQ:LHAI) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. Linkhome had a negative return on equity of 7.17% and a negative net margin of 2.21%.The business had revenue of $4.91 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Linkhome from a “sell” rating to a “hold” rating in a report on Sunday, February 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Linkhome

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. 683 Capital Management LLC bought a new position in Linkhome during the 4th quarter valued at $573,000. OMERS ADMINISTRATION Corp bought a new position in Linkhome during the 4th quarter valued at $175,000. Cerity Partners LLC bought a new position in Linkhome during the 4th quarter valued at $91,000. Goldman Sachs Group Inc. bought a new position in Linkhome during the 4th quarter valued at $101,000. Finally, FNY Investment Advisers LLC bought a new position in Linkhome during the 4th quarter valued at $87,000.

Linkhome Company Profile

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.