PodcastOne, Inc. (NASDAQ:PODC – Get Free Report) Director D Jonathan Merriman purchased 7,700 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The shares were purchased at an average cost of $1.65 per share, for a total transaction of $12,705.00. Following the completion of the purchase, the director now owns 96,539 shares in the company, valued at approximately $159,289.35. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
D Jonathan Merriman also recently made the following trade(s):
- On Friday, June 7th, D Jonathan Merriman purchased 18,000 shares of PodcastOne stock. The shares were purchased at an average cost of $1.86 per share, for a total transaction of $33,480.00.
- On Wednesday, June 5th, D Jonathan Merriman purchased 22,000 shares of PodcastOne stock. The shares were purchased at an average cost of $1.95 per share, for a total transaction of $42,900.00.
- On Monday, June 3rd, D Jonathan Merriman acquired 28,839 shares of PodcastOne stock. The stock was bought at an average cost of $1.86 per share, with a total value of $53,640.54.
PodcastOne Price Performance
Shares of NASDAQ PODC opened at $1.55 on Thursday. The stock has a fifty day simple moving average of $1.84 and a two-hundred day simple moving average of $1.87. PodcastOne, Inc. has a 1-year low of $1.37 and a 1-year high of $5.80.
Wall Street Analyst Weigh In
Separately, Litchfield Hills Research assumed coverage on PodcastOne in a research note on Thursday, June 6th. They issued a “buy” rating and a $5.00 price objective for the company.
Check Out Our Latest Report on PodcastOne
Institutional Investors Weigh In On PodcastOne
A hedge fund recently bought a new stake in PodcastOne stock. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of PodcastOne, Inc. (NASDAQ:PODC – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 49,227 shares of the company’s stock, valued at approximately $97,000. Fuller & Thaler Asset Management Inc. owned about 0.22% of PodcastOne at the end of the most recent quarter. 2.87% of the stock is owned by hedge funds and other institutional investors.
About PodcastOne
PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.
Featured Stories
- Five stocks we like better than PodcastOne
- Dividend Capture Strategy: What You Need to Know
- Why Paychex Stock’s Dip is the Best Opportunity in Today’s Cycle
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Any Pullback in Tech May Signal a Rotation into These 3 Sectors
- The How And Why of Investing in Oil Stocks
- 3 Stocks to Watch: Oracle, Casey’s, FedEx Signal Big Gains
Receive News & Ratings for PodcastOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PodcastOne and related companies with MarketBeat.com's FREE daily email newsletter.