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Merriman Holdings (NASDAQ:MERR) CEO D Jonathan Merriman purchased 3,600 shares of Merriman Holdings stock on the open market in a transaction dated Wednesday, August 27th. The stock was purchased at an average price of $3.80 per share, with a total value of $13,680.00. Following the completion of the purchase, the chief executive officer now directly owns 622,826 shares in the company, valued at approximately $2,366,739. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Merriman Holdings (NASDAQ:MERR) remained flat at $3.80 during during mid-day trading trading on Tuesday. 7,875 shares of the company’s stock traded hands. Merriman Holdings has a 52 week low of $1.50 and a 52 week high of $5.40. The stock’s 50-day moving average is $3.69 and its 200-day moving average is $3.65. The company’s market cap is $17.1 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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