Michael Gaubert Sells 15,033 Shares of Asset Entities Inc. (NASDAQ:ASST) Stock

Asset Entities Inc. (NASDAQ:ASST) Chairman Michael Gaubert sold 15,033 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $2.22, for a total value of $33,373.26. Following the completion of the transaction, the chairman now owns 30,067 shares in the company, valued at approximately $66,748.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Asset Entities Stock Down 1.6 %

Shares of NASDAQ:ASST traded down $0.04 during midday trading on Friday, hitting $2.39. The stock had a trading volume of 857,111 shares, compared to its average volume of 2,006,030. The company’s 50-day moving average price is $1.49 and its 200-day moving average price is $2.05. Asset Entities Inc. has a fifty-two week low of $0.87 and a fifty-two week high of $5.10. The company has a market capitalization of $7.19 million, a P/E ratio of -1.21 and a beta of 8.38.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Asset Entities stock. Symmetry Peak Management LLC purchased a new position in shares of Asset Entities Inc. (NASDAQ:ASST) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 60,961 shares of the company’s stock, valued at approximately $39,000. Symmetry Peak Management LLC owned approximately 0.44% of Asset Entities at the end of the most recent quarter. Institutional investors and hedge funds own 5.52% of the company’s stock.

About Asset Entities

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.