Asset Entities Inc. (NASDAQ:ASST) Chairman Michael Gaubert Sells 30,000 Shares

Asset Entities Inc. (NASDAQ:ASST - Get Free Report) Chairman Michael Gaubert sold 30,000 shares of the stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $7.44, for a total transaction of $223,200.00. Following the completion of the sale, the chairman now directly owns 20,567 shares of the company's stock, valued at $153,018.48. This trade represents a 59.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Asset Entities Trading Down 5.2%

NASDAQ ASST traded down $0.30 during trading on Monday, reaching $5.46. The company's stock had a trading volume of 3,520,659 shares, compared to its average volume of 8,514,539. The stock has a market capitalization of $86.12 million, a PE ratio of -2.81 and a beta of 18.68. The business has a 50-day moving average price of $3.80 and a 200-day moving average price of $1.70. Asset Entities Inc. has a 1-year low of $0.34 and a 1-year high of $13.42.

Asset Entities (NASDAQ:ASST - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter. Asset Entities had a negative net margin of 1,150.80% and a negative return on equity of 252.93%.

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.