Asset Entities Inc. (NASDAQ:ASST) CFO Sells $35,904.00 in Stock

Posted by Latisha Jones on Sep 12th, 2024

Asset Entities Inc. (NASDAQ:ASST – Get Free Report) CFO Matthew Krueger sold 13,200 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $2.72, for a total value of $35,904.00. Following the completion of the transaction, the chief financial officer now directly owns 26,400 shares in the company, valued at approximately $71,808. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Asset Entities Stock Down 10.3 %

Shares of NASDAQ ASST opened at $2.08 on Thursday. Asset Entities Inc. has a twelve month low of $0.87 and a twelve month high of $5.10. The firm has a market cap of $6.26 million, a PE ratio of -1.09 and a beta of 8.38. The business has a fifty day simple moving average of $1.55 and a two-hundred day simple moving average of $2.04.

Asset Entities (NASDAQ:ASST – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.58) earnings per share for the quarter. The firm had revenue of $0.09 million during the quarter. Asset Entities had a negative net margin of 1,574.65% and a negative return on equity of 207.47%.

Institutional Investors Weigh In On Asset Entities

An institutional investor recently bought a new position in Asset Entities stock. Symmetry Peak Management LLC bought a new position in shares of Asset Entities Inc. (NASDAQ:ASST – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 60,961 shares of the company’s stock, valued at approximately $39,000. Symmetry Peak Management LLC owned 0.44% of Asset Entities as of its most recent SEC filing. Hedge funds and other institutional investors own 5.52% of the company’s stock.

About Asset Entities

(Get Free Report)

Asset Entities Inc, a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.