Jun Jason Jiang Sells 58,000 Shares of NAMI (NASDAQ:NAMI) Stock

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

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

• 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 shares were 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 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 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.
• On Tuesday, May 26th, Jun Jason Jiang sold 27,000 shares of NAMI stock. The stock was sold at an average price of $0.33, for a total transaction of $8,910.00.
• On Thursday, May 21st, Jun Jason Jiang sold 7,000 shares of NAMI stock. The stock was sold at an average price of $0.35, for a total transaction of $2,450.00.

NAMI Price Performance

Shares of NAMI opened at $0.28 on Wednesday. NAMI Corp. has a 1-year low of $0.22 and a 1-year high of $2.05. The firm has a fifty day moving average price of $0.43 and a 200 day moving average price of $0.56.

NAMI shares are 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 closing bell on Monday, June 22nd.

NAMI (NASDAQ:NAMI) last released its quarterly earnings results 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.

Analyst Upgrades and Downgrades

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 research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus 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.