Zhen Qin Sells 1,413,333 Shares of Linkhome (NASDAQ:LHAI) Stock

Linkhome Holdings Inc. (NASDAQ:LHAIGet Free Report) CEO Zhen Qin sold 1,413,333 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $1.50, for a total transaction of $2,119,999.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Linkhome Trading Down 4.2%

Shares of NASDAQ LHAI opened at $0.94 on Friday. The firm has a market cap of $15.30 million and a PE ratio of -47.15. Linkhome Holdings Inc. has a 1-year low of $0.53 and a 1-year high of $22.33. The company has a fifty day moving average price of $1.19 and a 200 day moving average price of $5.07.

Linkhome (NASDAQ:LHAIGet Free Report) last announced its earnings results on Wednesday, May 13th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $4.91 million during the quarter. Linkhome had a negative return on equity of 7.17% and a negative net margin of 2.21%.

Hedge Funds Weigh In On Linkhome

Large investors have recently modified their holdings of the business. FNY Investment Advisers LLC acquired a new position in shares of Linkhome during the 4th quarter worth about $87,000. Cerity Partners LLC acquired a new position in shares of Linkhome during the 4th quarter worth about $91,000. Goldman Sachs Group Inc. acquired a new position in shares of Linkhome during the 4th quarter worth about $101,000. Citadel Advisors LLC acquired a new position in shares of Linkhome during the 3rd quarter worth about $120,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of Linkhome during the 4th quarter worth about $175,000.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Linkhome from a “sell” rating to a “hold” rating in a research note on Sunday, February 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Check Out Our Latest Analysis on LHAI

Linkhome Company Profile

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Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.

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