Mixed Martial Arts Group (NYSEAMERICAN:MMA) Insider Sells $10,590,426.00 in Stock

Mixed Martial Arts Group Ltd (NYSEAMERICAN:MMA) insider Edward Grunde Mclaughlin sold 19,800 shares of Mixed Martial Arts Group stock in a transaction that occurred on Wednesday, July 15th. The stock was sold at an average price of $534.87, for a total transaction of $10,590,426.00. Following the completion of the sale, the insider directly owned 38,739 shares of the company’s stock, valued at approximately $20,720,328.93. This trade represents a 33.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mixed Martial Arts Group Stock Up 1.4%

MMA traded up $0.01 during midday trading on Wednesday, reaching $0.48. The company had a trading volume of 102,368 shares, compared to its average volume of 649,867. The company’s 50-day moving average price is $0.54. Mixed Martial Arts Group Ltd has a 1 year low of $0.35 and a 1 year high of $3.07.

Mixed Martial Arts Group (NYSEAMERICAN:MMA) last released its quarterly earnings data on Tuesday, June 30th. The company reported ($0.21) earnings per share for the quarter. The firm had revenue of $0.21 million during the quarter.

About Mixed Martial Arts Group

Our mission is to empower community driven growth in the global martial arts and combat sports sector, leveraging technology to bridge the gap between passion and participation. We are a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. While we believe martial arts and combat sport gyms have a superb in-gym product, they are ripe for transformation when it comes to building sales channels, enhancing customer onboarding, optimizing engagement and driving the growth and retention of members and membership revenues within their gym communities.