MDB Capital Holdings, LLC (NASDAQ:MDBH) Shares Bought by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC lifted its stake in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) by 50.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 75,000 shares of the company’s stock after acquiring an additional 25,000 shares during the quarter. Pasadena Private Wealth LLC’s holdings in MDB Capital were worth $769,000 at the end of the most recent reporting period.

MDB Capital Price Performance

Shares of NASDAQ MDBH traded down $0.14 during mid-day trading on Friday, reaching $7.11. 167 shares of the company traded hands, compared to its average volume of 7,996. The stock has a fifty day simple moving average of $8.58 and a 200-day simple moving average of $9.88. MDB Capital Holdings, LLC has a fifty-two week low of $7.00 and a fifty-two week high of $21.67.

MDB Capital (NASDAQ:MDBH) last issued its earnings results on Monday, May 13th. The company reported ($0.78) earnings per share (EPS) for the quarter.

MDB Capital Company Profile

MDB Capital Holdings, LLC, through its subsidiaries, primarily operates as a broker-dealer. The company operates through two segments, Broker Dealer & Intellectual Property Service, and Technology Development. The Broker Dealer & Intellectual Property Service segment operates as a full-service broker dealer that focuses on conducting private and public securities offerings, as well as providing research services for investment banking due diligence.