Marlin Business Services Corp. CEO Sells $76,944 in Stock (MRLN)
Marlin Business Services Corp. (NASDAQ:MRLN) CEO Daniel Dyer sold 2,800 shares of the company’s stock on the open market in a transaction dated Thursday, January 9th. The shares were sold at an average price of $27.48, for a total transaction of $76,944.00. Following the completion of the transaction, the chief executive officer now directly owns 362,364 shares in the company, valued at approximately $9,957,763. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Marlin Business Services Corp. (NASDAQ:MRLN) traded up 0.61% during mid-day trading on Friday, hitting $27.85. The stock had a trading volume of 32,260 shares. Marlin Business Services Corp. has a 52 week low of $18.34 and a 52 week high of $28.64. The stock has a 50-day moving average of $24.8 and a 200-day moving average of $24.63. The company has a market cap of $347.9 million and a P/E ratio of 21.80.
Marlin Business Services Corp. (NASDAQ:MRLN) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.01. On average, analysts predict that Marlin Business Services Corp. will post $1.36 earnings per share for the current fiscal year.
Separately, analysts at Sidoti initiated coverage on shares of Marlin Business Services Corp. in a research note to investors on Tuesday, December 17th. They set a “buy” rating on the stock.
Marlin Business Services Corp. (NASDAQ:MRLN) is a bank holding company and a financial holding company.
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