Insider Selling: Simpple (NASDAQ:SPPL) CTO Sells $121,701.18 in Stock

Simpple Ltd. (NASDAQ:SPPL – Get Free Report) CTO Qikai Soo sold 47,171 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $2.58, for a total value of $121,701.18. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Simpple Stock Performance

SPPL stock opened at $2.87 on Friday. The business has a 50 day simple moving average of $2.07 and a 200-day simple moving average of $2.65. Simpple Ltd. has a 1 year low of $1.50 and a 1 year high of $5.65.

Simpple (NASDAQ:SPPL – Get Free Report) last posted its quarterly earnings results on Saturday, October 31st. The company reported ($0.11) EPS for the quarter. The company had revenue of $1.96 million during the quarter.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wall Street Zen upgraded Simpple from a “sell” rating to a “hold” rating in a report on Sunday, September 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Simpple in a research note on Thursday, October 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Simpple has an average rating of “Sell”.

View Our Latest Research Report on Simpple

Hedge Funds Weigh In On Simpple

An institutional investor recently bought a new position in Simpple stock. Squarepoint Ops LLC bought a new position in shares of Simpple Ltd. (NASDAQ:SPPL – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,309 shares of the company’s stock, valued at approximately $52,000. Squarepoint Ops LLC owned 0.23% of Simpple at the end of the most recent reporting period. 0.01% of the stock is owned by institutional investors.

Simpple Company Profile

(Get Free Report)

Simpple Ltd. is a Singapore-based technology company that develops artificial intelligence and Internet of Things solutions for smart building management. Its software is designed to help building owners and facility managers monitor and improve the operation of commercial properties and other managed spaces.

The company’s platform integrates data from sensors, connected devices and other building systems to provide insights into occupancy, space utilization, environmental conditions and facility operations.

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