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

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

MDB Capital Stock Performance

Shares of MDB Capital stock opened at $1.80 on Friday. MDB Capital Holdings, LLC has a 52-week low of $1.75 and a 52-week high of $4.80. The company has a fifty day moving average of $2.67 and a 200-day moving average of $3.11. The stock has a market capitalization of $18.56 million, a price-to-earnings ratio of -0.83 and a beta of 1.23.

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 note on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.