Insider Buying: MDB Capital (NASDAQ:MDBH) Insider Acquires $14,696.45 in Stock

MDB Capital Holdings, LLC (NASDAQ:MDBH) insider Christopher Marlett acquired 4,387 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was acquired at an average price of $3.35 per share, with a total value of $14,696.45. Following the acquisition, the insider owned 166,720 shares in the company, valued at $558,512. The trade was a 2.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

MDB Capital Price Performance

MDBH opened at $3.50 on Friday. MDB Capital Holdings, LLC has a fifty-two week low of $3.11 and a fifty-two week high of $7.98. The company’s 50 day moving average price is $3.48 and its two-hundred day moving average price is $3.77. The firm has a market capitalization of $35.49 million, a price-to-earnings ratio of 3.76 and a beta of 1.09.

MDB Capital (NASDAQ:MDBH) last released its quarterly earnings results on Thursday, November 13th. The company reported ($0.46) earnings per share (EPS) for the quarter. The firm had revenue of $1.42 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of MDB Capital in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, MDB Capital presently has an average rating of “Sell”.

Institutional Trading of MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Raymond James Financial Inc. acquired a new position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,100 shares of the company’s stock, valued at approximately $27,000. Raymond James Financial Inc. owned 0.07% of MDB Capital as of its most recent SEC filing. 0.35% of the stock is owned by hedge funds and other institutional investors.

MDB Capital Company Profile

MDB Capital Holdings, LLC, through its subsidiaries, primarily operates as a broker-dealer. The company operates through two segments, Broker Dealer & Intellectual Property Service, and Technology Development. The Broker Dealer & Intellectual Property Service segment operates as a full-service broker dealer that focuses on conducting private and public securities offerings, as well as providing research services for investment banking due diligence. The Technology Development segment engages in the synthetic biology technology development business.