MDB Capital Holdings, LLC (NASDAQ:MDBH – Get Free Report) CFO Jeremy William James sold 10,000 shares of the stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $1.99, for a total value of $19,900.00. Following the completion of the sale, the chief financial officer directly owned 29,839 shares of the company’s stock, valued at $59,379.61. The trade was a 25.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
MDB Capital Price Performance
Shares of MDBH traded up $0.12 during mid-day trading on Friday, reaching $1.87. 1,129 shares of the company’s stock were exchanged, compared to its average volume of 4,068. The business’s fifty day simple moving average is $2.65 and its 200-day simple moving average is $3.10. The stock has a market capitalization of $19.26 million, a PE ratio of -0.86 and a beta of 1.23. MDB Capital Holdings, LLC has a 52-week low of $1.75 and a 52-week high of $4.80.
Wall Street Analyst Weigh In
Separately, Weiss Ratings downgraded shares of MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
Check Out Our Latest Research Report on MDBH
About MDB Capital
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.
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