Insider Selling: NAMI (NASDAQ:NAMI) CFO Sells $11,995.56 in Stock

NAMI Corp. (NASDAQ:NAMI) CFO Jun Jason Jiang sold 41,364 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $0.29, for a total value of $11,995.56. Following the completion of the sale, the chief financial officer owned 2,933,966 shares in the company, valued at approximately $850,850.14. This represents a 1.39% decrease in their position. 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 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 value 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 value 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 value of $600.00.
• On Thursday, May 28th, Jun Jason Jiang sold 8,500 shares of NAMI stock. The stock was sold at an average price of $0.30, for a total value of $2,550.00.
• On Wednesday, May 27th, Jun Jason Jiang sold 10,100 shares of NAMI stock. The stock was sold at an average price of $0.34, for a total value 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 value 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 value of $2,450.00.
• On Friday, May 22nd, Jun Jason Jiang sold 940 shares of NAMI stock. The stock was sold at an average price of $0.30, for a total value of $282.00.
• On Wednesday, May 20th, Jun Jason Jiang sold 61,760 shares of NAMI stock. The stock was sold at an average price of $0.33, for a total value of $20,380.80.
• On Tuesday, May 19th, Jun Jason Jiang sold 2,000 shares of NAMI stock. The stock was sold at an average price of $0.36, for a total value of $720.00.

NAMI Price Performance

NASDAQ NAMI opened at $0.27 on Monday. NAMI Corp. has a twelve month low of $0.24 and a twelve month high of $2.05. The stock has a 50-day moving average of $0.45 and a 200 day moving average of $0.57.

NAMI shares are going to reverse split on the morning of 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 for the quarter. The company had revenue of $14.97 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company 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.