BrainChip Holdings Ltd (ASX:BRN) Insider Sean Hehir Sells 888,690 Shares of Stock

BrainChip Holdings Ltd (ASX:BRN) insider Sean Hehir sold 888,690 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of A$0.21 ($0.13), for a total transaction of A$186,624.90 ($118,117.03).

BrainChip Price Performance

The company has a current ratio of 9.02, a quick ratio of 13.07 and a debt-to-equity ratio of 10.08. The firm has a market capitalization of $371.16 million, a price-to-earnings ratio of -12.06 and a beta of 1.09.

About BrainChip

BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.