Simpple (NASDAQ:SPPL) Director Sells $270,711.87 in Stock

Simpple Ltd. (NASDAQ:SPPL) Director Kelvin Soon Sze Lee sold 189,309 shares of Simpple stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $1.43, for a total transaction of $270,711.87. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Kelvin Soon Sze Lee also recently made the following trade(s):

• On Wednesday, November 4th, Kelvin Soon Sze Lee sold 1 shares of Simpple stock. The stock was sold at an average price of $1.00, for a total transaction of $1.00.

Simpple Stock Up 17.6%

NASDAQ SPPL opened at $2.87 on Friday. The business has a 50-day moving average price of $2.07 and a 200-day moving average price of $2.65. Simpple Ltd. has a twelve month low of $1.50 and a twelve month high of $5.65.

Simpple (NASDAQ:SPPL) last announced its quarterly earnings data on Saturday, October 31st. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $1.96 million for the quarter.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Simpple in a research note on Thursday, October 15th. Wall Street Zen raised Simpple from a “sell” rating to a “hold” rating in a research note on Sunday, September 27th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Simpple stock. Squarepoint Ops LLC acquired a new stake in shares of Simpple Ltd. (NASDAQ:SPPL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,309 shares of the company’s stock, valued at approximately $52,000. Squarepoint Ops LLC owned 0.23% of Simpple at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.01% of the company’s stock.

About Simpple

Simpple Ltd. is a Singapore-based technology company that develops artificial intelligence and Internet of Things solutions for smart building management. Its software is designed to help building owners and facility managers monitor and improve the operation of commercial properties and other managed spaces.

The company’s platform integrates data from sensors, connected devices and other building systems to provide insights into occupancy, space utilization, environmental conditions and facility operations.