Insider Selling: NAMI (NASDAQ:NAMI) CFO Sells $19,720.00 in Stock

NAMI Corp. (NASDAQ:NAMI) CFO Jun Jason Jiang sold 58,000 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $0.34, for a total transaction of $19,720.00. Following the sale, the chief financial officer owned 2,865,034 shares in the company, valued at $974,111.56. The trade was a 1.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Jun Jason Jiang also recently made the following trade(s):

• On Wednesday, June 10th, Jun Jason Jiang sold 40,000 shares of NAMI stock. The shares were sold at an average price of $0.32, for a total transaction of $12,800.00.
• 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 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 shares were 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 shares were sold at an average price of $0.34, for a total transaction of $3,434.00.

NAMI Stock Down 2.2%

NAMI stock opened at $0.25 on Friday. NAMI Corp. has a 52 week low of $0.22 and a 52 week high of $2.05. The firm’s fifty day moving average is $0.41 and its 200 day moving average is $0.56.

NAMI shares are set 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 market closes on Monday, June 22nd.

NAMI (NASDAQ:NAMI) last announced its quarterly 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 for the quarter.

Analyst Ratings Changes

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 research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently 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.