Marlin Business Services Corp. (NASDAQ:MRLN) insider James Sherlock sold 2,221 shares of Marlin Business Services Corp. stock in a transaction dated Monday, September 12th. The shares were sold at an average price of $18.84, for a total transaction of $41,843.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Marlin Business Services Corp. (NASDAQ:MRLN) opened at 18.28 on Tuesday. The stock has a market cap of $222.01 million, a P/E ratio of 14.51 and a beta of 1.17. The company’s 50-day moving average is $18.39 and its 200-day moving average is $16.02. Marlin Business Services Corp. has a 12-month low of $13.46 and a 12-month high of $19.29.

Marlin Business Services Corp. (NASDAQ:MRLN) last announced its earnings results on Thursday, July 28th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. Marlin Business Services Corp. had a return on equity of 11.72% and a net margin of 17.07%. On average, analysts expect that Marlin Business Services Corp. will post $1.38 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of MRLN. Numeric Investors LLC raised its position in shares of Marlin Business Services Corp. by 12.2% in the second quarter. Numeric Investors LLC now owns 133,328 shares of the financial services provider’s stock worth $2,173,000 after buying an additional 14,505 shares in the last quarter. Panagora Asset Management Inc. raised its stake in shares of Marlin Business Services Corp. by 20.8% in the second quarter. Panagora Asset Management Inc. now owns 28,418 shares of the financial services provider’s stock valued at $463,000 after buying an additional 4,893 shares during the last quarter. Parametric Portfolio Associates LLC boosted its position in Marlin Business Services Corp. by 1.3% in the second quarter. Parametric Portfolio Associates LLC now owns 30,435 shares of the financial services provider’s stock worth $496,000 after buying an additional 391 shares during the period. State Street Corp boosted its position in Marlin Business Services Corp. by 3.0% in the second quarter. State Street Corp now owns 140,448 shares of the financial services provider’s stock worth $2,290,000 after buying an additional 4,116 shares during the period. Finally, Rhumbline Advisers boosted its position in Marlin Business Services Corp. by 1.4% in the second quarter. Rhumbline Advisers now owns 16,477 shares of the financial services provider’s stock worth $269,000 after buying an additional 225 shares during the period. 72.75% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Marlin Business Services Corp. from a “buy” rating to a “hold” rating in a report on Tuesday. TheStreet raised shares of Marlin Business Services Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, August 17th.

Marlin Business Services Corp. Company Profile

Marlin Business Services Corp. is a provider of equipment financing solutions primarily to small and mid-sized businesses. The Company finances over 100 categories of common-use commercial equipment, including copiers, computers and software, security systems, telecommunications equipment, and certain commercial and industrial equipment.

5 Day Chart for NASDAQ:MRLN

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