Michael Gaubert Sells 179,683 Shares of Asset Entities Inc. (NASDAQ:ASST) Stock

Asset Entities Inc. (NASDAQ:ASST) Chairman Michael Gaubert sold 179,683 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $1.97, for a total transaction of $353,975.51. Following the transaction, the chairman now owns 76,723 shares in the company, valued at approximately $151,144.31. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Michael Gaubert also recently made the following trade(s):

• On Thursday, September 5th, Michael Gaubert sold 15,033 shares of Asset Entities stock. The stock was sold at an average price of $2.22, for a total transaction of $33,373.26.

Asset Entities Stock Performance

NASDAQ:ASST opened at $1.56 on Thursday. The firm’s 50-day moving average is $1.55 and its 200-day moving average is $2.01. Asset Entities Inc. has a 52-week low of $0.87 and a 52-week high of $5.10. The company has a market cap of $4.69 million, a price-to-earnings ratio of -0.82 and a beta of 8.38.

Asset Entities (NASDAQ:ASST) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.58) earnings per share (EPS) 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 for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Asset Entities stock. Symmetry Peak Management LLC purchased a new position in Asset Entities Inc. (NASDAQ:ASST) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,961 shares of the company’s stock, valued at approximately $39,000. Symmetry Peak Management LLC owned approximately 0.44% of Asset Entities as of its most recent SEC filing. 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.