MDB Capital (NASDAQ:MDBH) Stock: Insider Jeremy William James Sells 10,000 Shares

MDB Capital Holdings, LLC (NASDAQ:MDBH) CFO Jeremy William James sold 10,000 shares of MDB Capital stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $1.99, for a total value of $19,900.00. Following the sale, the chief financial officer directly owned 29,839 shares in the company, valued at $59,379.61. The trade was a 25.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

MDB Capital Stock Performance

Shares of MDBH stock traded down $0.27 during mid-day trading on Thursday, reaching $1.70. The company’s stock had a trading volume of 7,936 shares, compared to its average volume of 4,977. The firm’s 50-day moving average is $2.70 and its two-hundred day moving average is $3.12. MDB Capital Holdings, LLC has a 1-year low of $1.75 and a 1-year high of $4.80. The company has a market cap of $17.51 million, a P/E ratio of -0.78 and a beta of 1.23.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, September 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has a consensus 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.