Insider Buying: Merriman Holdings CEO Acquires 2,200 Shares of Stock (MERR)
Merriman Holdings (NASDAQ:MERR) CEO D Jonathan Merriman bought 2,200 shares of Merriman Holdings stock on the open market in a transaction dated Tuesday, August 19th. The stock was purchased at an average cost of $3.30 per share, for a total transaction of $7,260.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Merriman Holdings (NASDAQ:MERR) traded up 10.00% on Thursday, hitting $3.85. The stock had a trading volume of 26,813 shares. Merriman Holdings has a 52-week low of $1.50 and a 52-week high of $5.40. The stock has a 50-day moving average of $3.60 and a 200-day moving average of $3.62. The company’s market cap is $17.4 million.
Merriman Holdings, Inc is a financial services holding company. The Company primarily provides investment banking, sales and trading execution services, and capital markets advisory services through its primary operating subsidiary, Merriman Capital, Inc (NASDAQ:MERR).
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