Insider Selling: Lottery.com Inc. (NASDAQ:LTRY) CFO Sells 15,000 Shares of Stock

Lottery.com Inc. (NASDAQ:LTRY) CFO Robert J. Stubblefield sold 15,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $1.60, for a total value of $24,000.00. Following the transaction, the chief financial officer now directly owns 250,000 shares in the company, valued at $400,000. The trade was a 5.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Lottery.com Stock Performance

NASDAQ LTRY traded down $0.06 on Monday, reaching $1.34. 407,478 shares of the company’s stock traded hands, compared to its average volume of 14,693,443. The firm has a market cap of $16.14 million, a price-to-earnings ratio of -0.14 and a beta of 1.14. The stock has a 50 day moving average price of $0.79 and a 200-day moving average price of $0.61. Lottery.com Inc. has a fifty-two week low of $0.22 and a fifty-two week high of $2.82.

Lottery.com (NASDAQ:LTRY) last released its quarterly earnings data on Monday, December 16th. The company reported ($0.67) earnings per share for the quarter. Lottery.com had a negative net margin of 594.64% and a negative return on equity of 88.86%.

About Lottery.com

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.