Insider Selling: Asset Entities Inc. (NASDAQ:ASST) CFO Sells $118,920.65 in Stock

Asset Entities Inc. (NASDAQ:ASST) CFO Matthew Krueger sold 76,723 shares of Asset Entities stock in a transaction on Friday, September 13th. The stock was sold at an average price of $1.55, for a total value of $118,920.65. Following the sale, the chief financial officer now directly owns 26,400 shares of the company’s stock, valued at approximately $40,920. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Matthew Krueger also recently made the following trade(s):

• On Thursday, September 5th, Matthew Krueger sold 13,200 shares of Asset Entities stock. The shares were sold at an average price of $2.72, for a total transaction of $35,904.00.

Asset Entities Stock Up 1.3 %

Shares of Asset Entities stock opened at $1.56 on Thursday. The company has a 50-day simple moving average of $1.55 and a two-hundred day simple moving average of $2.01. Asset Entities Inc. has a twelve month low of $0.87 and a twelve month high of $5.10. The stock has a market capitalization of $4.69 million, a price-to-earnings ratio of -0.82 and a beta of 8.38.

Asset Entities (NASDAQ:ASST) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.58) earnings per share for the quarter. The business 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 Trading of Asset Entities

A hedge fund recently bought a new stake in Asset Entities stock. Symmetry Peak Management LLC purchased a new position in Asset Entities Inc. (NASDAQ:ASST) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 filing with the Securities and Exchange Commission (SEC). 5.52% of the stock is currently owned by hedge funds and other institutional investors.

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.