Asset Entities Inc. (NASDAQ:ASST) CFO Matthew Krueger Sells 26,400 Shares

Asset Entities Inc. (NASDAQ:ASST) CFO Matthew Krueger sold 26,400 shares of Asset Entities stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $8.23, for a total transaction of $217,272.00. Following the transaction, the chief financial officer now directly owns 5,000 shares in the company, valued at approximately $41,150. This represents a 84.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Asset Entities Stock Down 16.6%

Shares of NASDAQ ASST opened at $5.76 on Friday. Asset Entities Inc. has a twelve month low of $0.34 and a twelve month high of $13.42. The company’s fifty day moving average is $3.70 and its 200-day moving average is $1.65. The stock has a market cap of $90.85 million, a price-to-earnings ratio of -2.97 and a beta of 18.68.

Asset Entities (NASDAQ:ASST) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) EPS for the quarter. Asset Entities had a negative return on equity of 252.93% and a negative net margin of 1,150.80%.

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.