Matthew Krueger Sells 76,723 Shares of Asset Entities Inc. (NASDAQ:ASST) Stock

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

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 6.3 %

NASDAQ ASST traded up $0.10 during trading hours on Monday, hitting $1.68. The company had a trading volume of 465,594 shares, compared to its average volume of 1,959,487. Asset Entities Inc. has a fifty-two week low of $0.87 and a fifty-two week high of $5.10. The firm has a market cap of $5.06 million, a P/E ratio of -0.88 and a beta of 8.38. The business has a fifty day simple moving average of $1.56 and a 200-day simple moving average of $2.02.

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. Asset Entities had a negative return on equity of 207.47% and a negative net margin of 1,574.65%. The company had revenue of $0.09 million during the quarter.

Institutional Trading of Asset Entities

An institutional investor recently bought a new position in Asset Entities stock. Symmetry Peak Management LLC acquired a new position in Asset Entities Inc. (NASDAQ:ASST) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 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). Institutional investors and hedge funds 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.