Linkhome (NASDAQ:LHAI) CEO Zhen Qin Sells 166,667 Shares of Stock

by · The Cerbat Gem

Linkhome Holdings Inc. (NASDAQ:LHAI – Get Free Report) CEO Zhen Qin sold 166,667 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $1.50, for a total value of $250,000.50. Following the completion of the transaction, the chief executive officer directly owned 633,333 shares of the company’s stock, valued at approximately $949,999.50. The trade was a 20.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Zhen Qin also recently made the following trade(s):

  • On Tuesday, March 17th, Zhen Qin sold 1,413,333 shares of Linkhome stock. The stock was sold at an average price of $1.50, for a total value of $2,119,999.50.

Linkhome Trading Down 3.5%

Shares of LHAI opened at $0.98 on Friday. Linkhome Holdings Inc. has a 1 year low of $0.53 and a 1 year high of $22.33. The stock has a 50 day simple moving average of $1.20 and a 200-day simple moving average of $5.10. The stock has a market cap of $15.98 million and a PE ratio of -49.22.

Linkhome (NASDAQ:LHAI – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. Linkhome had a negative return on equity of 7.70% and a negative net margin of 2.21%.The company had revenue of $4.91 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen raised Linkhome from a “sell” rating to a “hold” rating in a report on Sunday, February 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Linkhome currently has a consensus rating of “Sell”.

View Our Latest Analysis on Linkhome

Institutional Investors Weigh In On Linkhome

A number of large investors have recently bought and sold shares of the business. 683 Capital Management LLC bought a new stake in Linkhome during the 4th quarter worth approximately $573,000. OMERS ADMINISTRATION Corp bought a new stake in Linkhome during the 4th quarter worth approximately $175,000. Cerity Partners LLC bought a new stake in Linkhome during the 4th quarter worth approximately $91,000. Goldman Sachs Group Inc. bought a new stake in Linkhome during the 4th quarter worth approximately $101,000. Finally, FNY Investment Advisers LLC bought a new stake in Linkhome during the 4th quarter worth approximately $87,000.

About Linkhome

(Get Free Report)

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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