Insider Buying: Mobivity Holdings Corp. (MFON) Director Buys 28,001 Shares of Stock
Mobivity Holdings Corp. (OTCMKTS:MFON) Director Thomas B. Akin purchased 28,001 shares of the stock in a transaction on Friday, November 25th. The shares were bought at an average price of $0.70 per share, for a total transaction of $19,600.70. Following the acquisition, the director now owns 4,407,092 shares of the company’s stock, valued at $3,084,964.40. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of Mobivity Holdings Corp. (OTCMKTS:MFON) remained flat at $0.70 during trading on Monday. 6,007 shares of the company were exchanged. The firm’s market cap is $23.14 million. Mobivity Holdings Corp. has a 1-year low of $0.49 and a 1-year high of $1.00. The company has a 50 day moving average of $0.71 and a 200 day moving average of $0.78.
Mobivity Holdings Corp. (OTCMKTS:MFON) last released its quarterly earnings data on Monday, November 14th. The company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. Mobivity Holdings Corp. had a negative net margin of 76.07% and a negative return on equity of 91.12%. Equities research analysts expect that Mobivity Holdings Corp. will post ($0.05) EPS for the current fiscal year.
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