Asset Entities Inc. (NASDAQ:ASST) CMO Sells $25,332.70 in Stock

Asset Entities Inc. (NASDAQ:ASST) CMO Kyle Fairbanks sold 13,333 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $1.90, for a total transaction of $25,332.70. Following the completion of the transaction, the chief marketing officer now directly owns 26,667 shares of the company’s stock, valued at $50,667.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Asset Entities Stock Performance

ASST stock opened at $2.39 on Friday. Asset Entities Inc. has a fifty-two week low of $0.87 and a fifty-two week high of $5.10. The company has a market capitalization of $7.19 million, a price-to-earnings ratio of -1.26 and a beta of 8.38. The business’s 50 day moving average price is $1.50 and its two-hundred day moving average price is $2.05.

Asset Entities (NASDAQ:ASST) last issued its quarterly earnings results 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 return on equity of 207.47% and a negative net margin of 1,574.65%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Asset Entities stock. Symmetry Peak Management LLC bought a new stake in shares of Asset Entities Inc. (NASDAQ:ASST) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 60,961 shares of the company’s stock, valued at approximately $39,000. Symmetry Peak Management LLC owned about 0.44% of Asset Entities as of its most recent filing with the Securities & Exchange Commission. 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.