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

NAMI Corp. (NASDAQ:NAMI) CFO Jun Jason Jiang sold 40,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were 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 approximately $900,810.88. This represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 Trading Down 2.2%

NAMI stock opened at $0.25 on Friday. The firm’s 50 day moving average price is $0.41 and its two-hundred day moving average price is $0.56. NAMI Corp. has a twelve month low of $0.22 and a twelve month high of $2.05.

NAMI’s stock is scheduled to reverse split before the market opens 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 released its quarterly earnings data 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 upgraded shares of NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average 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.