Simpple (NASDAQ:SPPL) Director Kelvin Soon Sze Lee Sells 189,309 Shares of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 value of $1.00.

Simpple Price Performance

Shares of SPPL opened at $2.44 on Friday. Simpple Ltd. has a one year low of $1.50 and a one year high of $5.65. The business’s 50 day simple moving average is $2.06 and its 200-day simple moving average is $2.65.

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

Hedge Funds Weigh In On Simpple

A hedge fund recently bought a new position in Simpple stock. Squarepoint Ops LLC bought a new position in shares of Simpple Ltd. (NASDAQ:SPPL) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 13,309 shares of the company’s stock, valued at approximately $52,000. Squarepoint Ops LLC owned approximately 0.23% of Simpple at the end of the most recent quarter. 0.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SPPL has been the topic of several research analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of Simpple in a report on Thursday, October 15th. Wall Street Zen upgraded 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. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.