Insider Buying: D Jonathan Merriman Acquires 3,600 Shares of Merriman Holdings Stock (MERR)
Merriman Holdings (NASDAQ:MERR) CEO D Jonathan Merriman bought 3,600 shares of Merriman Holdings stock in a transaction that occurred on Wednesday, August 27th. The shares were purchased at an average price of $3.80 per share, with a total value of $13,680.00. Following the acquisition, the chief executive officer now directly owns 622,826 shares of the company’s stock, valued at approximately $2,366,739. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Merriman Holdings (NASDAQ:MERR) opened at 3.75 on Wednesday. Merriman Holdings has a 1-year low of $1.50 and a 1-year high of $5.40. The stock has a 50-day moving average of $3.70 and a 200-day moving average of $3.68. The company’s market cap is $16.9 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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