Linkhome (NASDAQ:LHAI) CEO Zhen Qin Sells 1,413,333 Shares of Stock

Linkhome Holdings Inc. (NASDAQ:LHAI) CEO Zhen Qin sold 1,413,333 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $1.50, for a total value of $2,119,999.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Linkhome Price Performance

Shares of NASDAQ LHAI traded down $0.04 during mid-day trading on Thursday, hitting $0.98. 125,485 shares of the company were exchanged, compared to its average volume of 453,360. The stock has a 50 day simple moving average of $1.20 and a 200-day simple moving average of $5.10. Linkhome Holdings Inc. has a 1-year low of $0.53 and a 1-year high of $22.33.

Linkhome (NASDAQ:LHAI) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.01) EPS for the quarter. Linkhome had a negative return on equity of 7.70% and a negative net margin of 2.21%.The firm had revenue of $4.91 million for the quarter.

Analysts Set New Price Targets

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

Institutional Trading of Linkhome

Institutional investors have recently added to or reduced their stakes in the stock. 683 Capital Management LLC purchased a new position in Linkhome in the fourth quarter valued at about $573,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Linkhome during the 4th quarter worth approximately $175,000. Goldman Sachs Group Inc. acquired a new stake in shares of Linkhome in the 4th quarter worth approximately $101,000. Millennium Management LLC purchased a new position in Linkhome in the 3rd quarter valued at approximately $268,000. Finally, Citadel Advisors LLC purchased a new position in Linkhome in the 3rd quarter valued at approximately $120,000.

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.