Sean Hehir Sells 888,690 Shares of BrainChip Holdings Ltd (ASX:BRN) Stock

BrainChip Holdings Ltd (ASX:BRN) insider Sean Hehir sold 888,690 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of A$0.21 ($0.13), for a total value of A$186,624.90 ($118,117.03).

BrainChip Stock Performance

The stock has a market cap of $371.16 million, a price-to-earnings ratio of -12.06 and a beta of 1.09. The company has a debt-to-equity ratio of 10.08, a current ratio of 9.02 and a quick ratio of 13.07.

About BrainChip

BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.