Insider Buying: MDB Capital (NASDAQ:MDBH) President Purchases 3,700 Shares of Stock

MDB Capital Holdings, LLC (NASDAQ:MDBH) President George Hugh Brandon bought 3,700 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was bought at an average price of $3.38 per share, for a total transaction of $12,506.00. Following the completion of the purchase, the president directly owned 105,248 shares in the company, valued at approximately $355,738.24. This represents a 3.64% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, December 8th, George Hugh Brandon purchased 600 shares of MDB Capital stock. The shares were bought at an average cost of $3.30 per share, with a total value of $1,980.00.
• On Friday, December 5th, George Hugh Brandon acquired 900 shares of MDB Capital stock. The stock was purchased at an average cost of $3.29 per share, for a total transaction of $2,961.00.
• On Thursday, December 4th, George Hugh Brandon acquired 1,900 shares of MDB Capital stock. The shares were purchased at an average price of $3.52 per share, for a total transaction of $6,688.00.
• On Wednesday, December 3rd, George Hugh Brandon bought 3,900 shares of MDB Capital stock. The shares were purchased at an average cost of $3.63 per share, with a total value of $14,157.00.
• On Tuesday, December 2nd, George Hugh Brandon bought 1,250 shares of MDB Capital stock. The stock was purchased at an average price of $3.50 per share, with a total value of $4,375.00.
• On Monday, December 1st, George Hugh Brandon purchased 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 Trading Up 3.8%

Shares of MDB Capital stock traded up $0.12 during trading on Thursday, hitting $3.37. 3,064 shares of the stock traded hands, compared to its average volume of 9,366. The stock’s fifty day simple moving average is $3.61 and its 200 day simple moving average is $3.84. The firm has a market cap of $34.21 million, a P/E ratio of 3.63 and a beta of 1.08. MDB Capital Holdings, LLC has a 52-week low of $3.16 and a 52-week high of $7.98.

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On MDB Capital

An institutional investor recently bought a new position in MDB Capital stock. Raymond James Financial Inc. purchased a new position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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 quarter. Institutional investors own 0.35% of the company’s stock.

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.