Edmundo Gonzalez Purchases 9,000 Shares of Marpai, Inc. (NASDAQ:MRAI) Stock

Marpai, Inc. (NASDAQ:MRAI – Get Rating) CEO Edmundo Gonzalez purchased 9,000 shares of the stock in a transaction that occurred on Wednesday, May 18th. The shares were purchased at an average price of $1.19 per share, for a total transaction of $10,710.00. Following the completion of the purchase, the chief executive officer now directly owns 849,079 shares of the company’s stock, valued at $1,010,404.01. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

MRAI traded up $0.21 on Thursday, hitting $1.57. 90,613 shares of the stock traded hands, compared to its average volume of 259,798. Marpai, Inc. has a 52 week low of $0.88 and a 52 week high of $6.31. The business has a fifty day moving average price of $1.59 and a two-hundred day moving average price of $2.78.

Marpai (NASDAQ:MRAI – Get Rating) last issued its quarterly earnings results on Wednesday, March 30th. The company reported ($0.34) earnings per share (EPS) for the quarter. The company had revenue of $5.90 million during the quarter.

A number of institutional investors and hedge funds have recently modified their holdings of MRAI. Squarepoint Ops LLC bought a new stake in shares of Marpai in the 4th quarter valued at approximately $45,000. Susquehanna International Group LLP bought a new stake in shares of Marpai in the 4th quarter valued at approximately $56,000. Jane Street Group LLC bought a new stake in shares of Marpai in the 1st quarter valued at approximately $28,000. BlackRock Inc. bought a new stake in shares of Marpai in the 4th quarter valued at approximately $77,000. Finally, Geode Capital Management LLC bought a new stake in shares of Marpai in the 4th quarter valued at approximately $116,000. Hedge funds and other institutional investors own 33.53% of the company’s stock.

About Marpai (Get Rating)

Marpai, Inc, a technology-driven healthcare payer, focuses on providing services to the self-insured employer market in the United States and Israel. The company offers ancillary services, such as care management, case management, actuarial services, health savings account administration, and cost containment services.

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