rts logo

Which institution holds the most shares in Mind Medicine Inc (MNMD)

Mind Medicine Inc (NASDAQ: MNMD) is 147.81% higher on its value in year-to-date trading and has touched a low of $2.41 and a high of $12.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MNMD stock was last observed hovering at around $8.49 in the last trading session, with the day’s gains setting it 0.58%.

Currently trading at $9.07, the stock is 0.02% and -2.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 6.83% at the moment leaves the stock 77.49% off its SMA200. MNMD registered 187.03% gain for a year compared to 6-month gain of 273.25%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a -8.20% loss in the last 1 month and extending the period to 3 months gives it a 107.08%, and is -5.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.04% over the week and 7.45% over the month.

Mind Medicine Inc (MNMD) has around 57 employees, a market worth around $255.41M and $0.00M in sales. Distance from 52-week low is 276.35% and -25.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.60%).

The EPS is expected to grow by 27.50% this year

The shares outstanding are 41.10M, and float is at 27.47M with Short Float at 22.03%.

Mind Medicine Inc (MNMD) Insider Activity

The most recent transaction is an insider sale by Barrow Robert, the company’s Chief Executive Officer. SEC filings show that Barrow Robert sold 16,519 shares of the company’s common stock on Mar 25 ’24 at a price of $9.50 per share for a total of $0.16 million. Following the sale, the insider now owns 0.58 million shares.

Mind Medicine Inc disclosed in a document filed with the SEC on Mar 25 ’24 that Karlin Dan (Chief Medical Officer) sold a total of 6,578 shares of the company’s common stock. The trade occurred on Mar 25 ’24 and was made at $9.50 per share for $62491.0. Following the transaction, the insider now directly holds 0.36 million shares of the MNMD stock.

Still, SEC filings show that on Dec 26 ’23, Barrow Robert (Chief Executive Officer) disposed off 13,237 shares at an average price of $3.63 for $48050.0. The insider now directly holds 596,721 shares of Mind Medicine Inc (MNMD).

Related Posts