Mondee Holdings, Inc. (NASDAQ:MOND – Get Rating) CEO Prasad Gundumogula purchased 1,000 shares of Mondee inventory in a transaction dated Friday, December sixteenth. The inventory was acquired at a mean worth of $10.59 per share, with a complete worth of $10,590.00. Following the acquisition, the chief govt officer now straight owns 6,390,448 shares of the corporate’s inventory, valued at $67,674,844.32. The acquisition was disclosed in a doc filed with the Securities & Trade Fee, which is accessible at the SEC website.
Prasad Gundumogula additionally not too long ago made the next commerce(s):
- On Friday, December ninth, Prasad Gundumogula acquired 1,900 shares of Mondee inventory. The inventory was acquired at a mean value of $8.20 per share, with a complete worth of $15,580.00.
- On Wednesday, December seventh, Prasad Gundumogula acquired 2,700 shares of Mondee inventory. The inventory was acquired at a mean worth of $8.26 per share, with a complete worth of $22,302.00.
- On Monday, December fifth, Prasad Gundumogula purchased 2,200 shares of Mondee inventory. The shares have been purchased at a mean worth of $7.58 per share, for a complete transaction of $16,676.00.
- On Friday, December 2nd, Prasad Gundumogula bought 2,000 shares of Mondee inventory. The inventory was purchased at a mean worth of $7.86 per share, with a complete worth of $15,720.00.
- On Monday, November twenty eighth, Prasad Gundumogula acquired 7,000 shares of Mondee inventory. The shares have been purchased at a mean value of $8.14 per share, for a complete transaction of $56,980.00.
- On Wednesday, November twenty third, Prasad Gundumogula purchased 15,000 shares of Mondee inventory. The shares have been purchased at a mean value of $8.62 per share, with a complete worth of $129,300.00.
- On Thursday, November seventeenth, Prasad Gundumogula bought 9,000 shares of Mondee inventory. The inventory was bought at a mean value of $9.08 per share, for a complete transaction of $81,720.00.
Mondee Buying and selling Down 13.0 %
Shares of MOND traded down $1.53 throughout buying and selling hours on Tuesday, reaching $10.22. 48,113 shares of the corporate’s inventory traded fingers, in comparison with its common quantity of 77,525. The agency’s 50 day easy transferring common is $9.07. Mondee Holdings, Inc. has a 12 month low of $6.74 and a 12 month excessive of $16.98.
Mondee (NASDAQ:MOND – Get Rating) final introduced its earnings outcomes on Thursday, November tenth. The corporate reported ($0.06) earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.04 by ($0.10). The enterprise had income of $39.47 million for the quarter, in comparison with analyst estimates of $41.09 million. As a bunch, analysts predict that Mondee Holdings, Inc. will put up -0.47 earnings per share for the present 12 months.
Analyst Rankings Modifications
A number of brokerages not too long ago commented on MOND. DA Davidson lowered their worth goal on shares of Mondee from $13.00 to $12.00 and set a “purchase” ranking for the corporate in a analysis observe on Friday, November eleventh. Cantor Fitzgerald started protection on shares of Mondee in a analysis report on Monday, August twenty ninth. They set an “obese” ranking and a $15.00 worth goal for the corporate. Lastly, Roth Capital started protection on shares of Mondee in a report on Tuesday, December thirteenth. They issued a “purchase” ranking and a $12.00 worth goal on the inventory.
Institutional Buying and selling of Mondee
Hedge funds have not too long ago made adjustments to their positions within the inventory. Barclays PLC purchased a brand new stake in Mondee in the course of the third quarter value about $33,000. UBS Group AG bought a brand new place in shares of Mondee in the course of the third quarter valued at about $50,000. Lastly, Cantor Fitzgerald L. P. purchased a brand new stake in Mondee within the third quarter value roughly $696,000. 17.10% of the inventory is owned by institutional buyers.
Mondee Holdings, Inc operates as a journey know-how, service, and content material firm within the leisure and company journey markets. It delivers a know-how platform of SaaS, cell, and cloud services to a worldwide buyer base. The corporate is connecting a community of fifty,000 leisure journey advisors and gig financial system employees to 500 airways and roughly 1 million lodge and trip leases, packaged options, and ancillary choices.
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