Simpple (NASDAQ:SPPL) Stock: Insider Daryl Kah Kit Pat Sells 62,894 Shares

Simpple Ltd. (NASDAQ:SPPL) CEO Daryl Kah Kit Pat sold 62,894 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $2.58, for a total value of $162,266.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Simpple Trading Up 17.6%

Shares of NASDAQ SPPL opened at $2.87 on Friday. The stock has a 50 day moving average of $2.07 and a 200-day moving average of $2.65. Simpple Ltd. has a 12 month low of $1.50 and a 12 month high of $5.65.

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

Analyst Ratings Changes

SPPL has been the topic of several recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Simpple in a research report on Thursday, October 15th. Wall Street Zen upgraded Simpple from a “sell” rating to a “hold” rating in a report on Sunday, September 27th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, Simpple has a consensus rating of “Sell”.

Institutional Investors Weigh In On Simpple

A hedge fund recently bought a new stake in Simpple stock. Squarepoint Ops LLC purchased a new position in shares of Simpple Ltd. (NASDAQ:SPPL) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 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 reporting period. 0.01% of the stock is currently owned by institutional investors and hedge funds.

Simpple Company Profile

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.