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

NAMI Corp. (NASDAQ:NAMI) CFO Jun Jason Jiang sold 40,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $0.32, for a total value of $12,800.00. Following the completion of the sale, the chief financial officer owned 2,815,034 shares in the company, valued at $900,810.88. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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 value 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 value 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 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 value 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 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 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. NAMI Corp. has a 12-month low of $0.22 and a 12-month high of $2.05. The firm’s fifty day moving average is $0.41 and its 200 day moving average is $0.56.

Shares of NAMI are set to reverse split 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 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 for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded NAMI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus 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.