MDB Capital (NASDAQ:MDBH) Insider Christopher Marlett Purchases 10,000 Shares of Company Stock

MDB Capital Holdings, LLC (NASDAQ:MDBH) insider Christopher Marlett acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 13th. The stock was bought at an average cost of $1.99 per share, for a total transaction of $19,900.00. Following the completion of the purchase, the insider owned 179,933 shares of the company’s stock, valued at $358,066.67. This trade represents a 5.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

MDB Capital Trading Down 13.7%

MDBH stock traded down $0.27 during trading on Thursday, hitting $1.70. The company had a trading volume of 7,936 shares, compared to its average volume of 4,977. The stock has a market cap of $17.51 million, a PE ratio of -0.78 and a beta of 1.23. The business has a 50-day moving average of $2.70 and a 200-day moving average of $3.12. MDB Capital Holdings, LLC has a one year low of $1.75 and a one year high of $4.80.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, MDB Capital currently has an average rating of “Sell”.

MDB Capital Company Profile

MDB Capital Holdings, LLC (NASDAQ: MDBH) is a financial services company focused on supporting businesses whose value is substantially tied to intellectual property. Through its investment banking platform, the company works with innovative and technology-driven enterprises seeking to develop, protect and commercialize their intellectual property.

MDB Capital provides services that may include capital raising, mergers and acquisitions advice, strategic planning and investor communications.