Linkhome Holdings Inc. (NASDAQ:LHAI – Get Free Report) CEO Zhen Qin sold 625,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $0.80, for a total value of $500,000.00. Following the completion of the sale, the chief executive officer directly owned 4,445,000 shares in the company, valued at approximately $3,556,000. The trade was a 12.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Zhen Qin also recently made the following trade(s):
- On Wednesday, August 5th, Zhen Qin sold 625,000 shares of Linkhome stock. The shares were sold at an average price of $0.80, for a total value of $500,000.00.
Linkhome Trading Down 2.7%
Shares of NASDAQ LHAI traded down $0.02 during midday trading on Friday, hitting $0.82. 84,599 shares of the company’s stock were exchanged, compared to its average volume of 5,152,833. The business’s fifty day moving average price is $0.98 and its two-hundred day moving average price is $1.18. The company has a market cap of $13.34 million and a price-to-earnings ratio of -41.10. Linkhome Holdings Inc. has a 12-month low of $0.53 and a 12-month high of $15.66.
Hedge Funds Weigh In On Linkhome
A number of hedge funds and other institutional investors have recently modified their holdings of LHAI. Cerity Partners LLC bought a new position in shares of Linkhome during the 4th quarter valued at about $91,000. Goldman Sachs Group Inc. bought a new stake in Linkhome in the 4th quarter worth approximately $101,000. Citadel Advisors LLC bought a new stake in Linkhome in the 3rd quarter worth approximately $120,000. OMERS ADMINISTRATION Corp purchased a new stake in Linkhome in the fourth quarter worth approximately $175,000. Finally, Millennium Management LLC purchased a new stake in Linkhome in the third quarter worth approximately $268,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of Linkhome from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.
View Our Latest Stock Analysis on Linkhome
Linkhome Company Profile
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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