Pasadena Private Wealth LLC raised its stake in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH – Free Report) by 13.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 85,200 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Pasadena Private Wealth LLC’s holdings in MDB Capital were worth $537,000 at the end of the most recent quarter.
Insider Transactions at MDB Capital
In other news, CFO Jeremy William James sold 4,161 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $8.21, for a total value of $34,161.81. Following the transaction, the chief financial officer now owns 15,839 shares of the company’s stock, valued at approximately $130,038.19. This trade represents a 20.81 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have bought a total of 10,405 shares of company stock worth $64,284 in the last three months. 55.52% of the stock is currently owned by company insiders.
MDB Capital Price Performance
Shares of NASDAQ MDBH opened at $7.04 on Wednesday. The firm has a fifty day moving average of $6.32 and a 200-day moving average of $7.17. MDB Capital Holdings, LLC has a 52-week low of $5.78 and a 52-week high of $12.90.
MDB Capital 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.
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