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

Asset Entities Inc. (NASDAQ:ASST) CFO Matthew Krueger sold 76,723 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were 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 in the company, valued at approximately $40,920. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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 value of $35,904.00.

Asset Entities Price Performance

Shares of NASDAQ ASST opened at $1.68 on Tuesday. Asset Entities Inc. has a 1-year low of $0.87 and a 1-year high of $5.10. The business has a fifty day moving average price of $1.56 and a 200 day moving average price of $2.02. The stock has a market capitalization of $5.06 million, a P/E ratio of -0.88 and a beta of 8.38.

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

Hedge Funds Weigh In On Asset Entities

A hedge fund recently bought a new stake in Asset Entities stock. Symmetry Peak Management LLC acquired a new stake in Asset Entities Inc. (NASDAQ:ASST) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 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 SEC filing. 5.52% of the stock is currently owned by hedge funds and other institutional investors.

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.