Insider Buying: Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CAO Acquires 1,904 Shares of Stock

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CAO Nora Spatz acquired 1,904 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was acquired at an average price of $14.50 per share, with a total value of $27,608.00. Following the acquisition, the chief accounting officer owned 38,918 shares in the company, valued at $564,311. The trade was a 5.14% 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.

Nora Spatz also recently made the following trade(s):

• On Wednesday, June 10th, Nora Spatz acquired 602 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was acquired at an average price of $14.75 per share, with a total value of $8,879.50.
• On Monday, June 8th, Nora Spatz acquired 197 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was acquired at an average price of $14.24 per share, with a total value of $2,805.28.
• On Friday, June 5th, Nora Spatz acquired 320 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was acquired at an average price of $14.25 per share, with a total value of $4,560.00.
• On Thursday, June 4th, Nora Spatz acquired 74 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was acquired at an average price of $13.77 per share, with a total value of $1,018.98.
• On Wednesday, June 3rd, Nora Spatz purchased 722 shares of Marathon Bancorp, Inc. /MD/ stock. The shares were purchased at an average price of $13.75 per share, with a total value of $9,927.50.

Marathon Bancorp, Inc. /MD/ Stock Up 1.1%

Marathon Bancorp, Inc. /MD/ stock traded up $0.15 during mid-day trading on Thursday, hitting $14.30. 37,978 shares of the stock were exchanged, compared to its average volume of 11,451. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.50. Marathon Bancorp, Inc. /MD/ has a 12 month low of $9.90 and a 12 month high of $15.75. The firm’s fifty day moving average price is $14.11. The firm has a market capitalization of $42.19 million, a PE ratio of 37.63 and a beta of -0.03.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. Marathon Bancorp, Inc. /MD/ had a net margin of 9.01% and a return on equity of 2.36%. The firm had revenue of $2.30 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of Marathon Bancorp, Inc. /MD/ in a report on Tuesday, March 17th. They set a “hold (c)” rating for the company. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Key Headlines Impacting Marathon Bancorp, Inc. /MD/

Here are the key news stories impacting Marathon Bancorp, Inc. /MD/ this week:

• Positive Sentiment: CEO Nicholas W. Zillges, COO Michelle Knopf, CAO Nora Spatz, and SVP Terry Cornish all made repeated open-market purchases of MBBC shares, signaling insider confidence in Marathon Bancorp’s prospects.
• Positive Sentiment: The insider buys were made at prices close to the current trading range, suggesting executives see value in the stock near recent levels.
• Neutral Sentiment: Marathon Bancorp remains a thinly traded, small-cap bank, so the stock can move sharply on limited news or volume.

About Marathon Bancorp, Inc. /MD/

Marathon Bancorp, Inc (NASDAQ: MBBC) is a bank holding company that operates through its banking subsidiary to provide a range of commercial and retail banking services. Its core business centers on deposit-taking and lending activities for individual and business customers, with an emphasis on relationship-driven community banking. The company’s banking operations typically include checking and savings accounts, certificates of deposit, and other consumer deposit products.

On the lending side, Marathon Bancorp’s subsidiary offers commercial loans, real estate and mortgage lending, and consumer loans, along with cash management and payment services for small and mid-sized businesses.