George Hugh Brandon Acquires 2,998 Shares of MDB Capital (NASDAQ:MDBH) Stock

MDB Capital Holdings, LLC (NASDAQ:MDBH) President George Hugh Brandon purchased 2,998 shares of MDB Capital stock in a transaction dated Monday, December 1st. The stock was acquired at an average price of $3.49 per share, for a total transaction of $10,463.02. Following the completion of the transaction, the president owned 92,998 shares in the company, valued at approximately $324,563.02. The trade was a 3.33% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, December 3rd, George Hugh Brandon acquired 3,900 shares of MDB Capital stock. The shares were acquired at an average cost of $3.63 per share, with a total value of $14,157.00.
• On Tuesday, December 2nd, George Hugh Brandon acquired 1,250 shares of MDB Capital stock. The shares were acquired at an average price of $3.50 per share, for a total transaction of $4,375.00.

MDB Capital Stock Down 8.8%

Shares of MDBH stock opened at $3.32 on Friday. The business has a 50 day moving average of $3.63 and a two-hundred day moving average of $3.88. MDB Capital Holdings, LLC has a 52 week low of $3.16 and a 52 week high of $7.98. The company has a market cap of $33.66 million, a P/E ratio of 3.57 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 firm had revenue of $1.42 million during the quarter.

Hedge Funds Weigh In On MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Raymond James Financial Inc. acquired a new position in MDB Capital Holdings, LLC (NASDAQ:MDBH) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,100 shares of the company’s stock, valued at approximately $27,000. Raymond James Financial Inc. owned approximately 0.07% of MDB Capital at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.35% of the company’s stock.

Analysts Set New Price Targets

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

About MDB Capital

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.