MDB Capital (NASDAQ:MDBH) President Acquires $14,157.00 in Stock

MDB Capital Holdings, LLC (NASDAQ:MDBH) President George Hugh Brandon bought 3,900 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was purchased at an average price of $3.63 per share, for a total transaction of $14,157.00. Following the completion of the transaction, the president directly owned 98,148 shares of the company’s stock, valued at $356,277.24. This represents a 4.14% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

George Hugh Brandon also recently made the following trade(s):

• On Tuesday, December 2nd, George Hugh Brandon acquired 1,250 shares of MDB Capital stock. The stock was purchased at an average cost of $3.50 per share, for a total transaction of $4,375.00.
• On Monday, December 1st, George Hugh Brandon acquired 2,998 shares of MDB Capital stock. The shares were purchased at an average cost of $3.49 per share, for a total transaction of $10,463.02.

MDB Capital Price Performance

Shares of NASDAQ MDBH traded up $0.11 during midday trading on Wednesday, reaching $3.64. 13,494 shares of the stock traded hands, compared to its average volume of 9,123. The company’s 50 day moving average is $3.63 and its 200 day moving average is $3.88. MDB Capital Holdings, LLC has a one year low of $3.16 and a one year high of $7.98. The stock has a market capitalization of $36.91 million, a PE ratio of 3.91 and a beta of 1.08.

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

Institutional Investors Weigh In On MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Raymond James Financial Inc. purchased a new stake in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 6,100 shares of the company’s stock, valued at approximately $27,000. Raymond James Financial Inc. owned about 0.07% of MDB Capital at the end of the most recent quarter. Institutional investors and hedge funds own 0.35% of the company’s stock.

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 investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

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.