Insider Selling: Asset Entities Inc. (NASDAQ:ASST) Chairman Sells 15,033 Shares of Stock

Asset Entities Inc. (NASDAQ:ASST) Chairman Michael Gaubert sold 15,033 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $2.22, for a total transaction of $33,373.26. Following the completion of the sale, the chairman now directly owns 30,067 shares of the company’s stock, valued at $66,748.74. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Asset Entities Price Performance

Shares of NASDAQ ASST traded down $0.04 during midday trading on Friday, reaching $2.39. The company’s stock had a trading volume of 857,111 shares, compared to its average volume of 2,006,030. The stock has a market capitalization of $7.19 million, a P/E ratio of -1.21 and a beta of 8.38. The firm has a 50 day moving average price of $1.49 and a 200-day moving average price of $2.05. Asset Entities Inc. has a 12-month low of $0.87 and a 12-month high of $5.10.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Asset Entities stock. Symmetry Peak Management LLC bought a new position in shares of Asset Entities Inc. (NASDAQ:ASST) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 60,961 shares of the company’s stock, valued at approximately $39,000. Symmetry Peak Management LLC owned 0.44% of Asset Entities at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.52% of the company’s stock.

Asset Entities Company Profile

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.