Mobivity Holdings Corp. (OTCMKTS:MFON) Director Thomas B. Akin acquired 174,728 shares of the business’s stock in a transaction that occurred on Friday, June 30th. The stock was bought at an average cost of $0.70 per share, for a total transaction of $122,309.60. Following the completion of the purchase, the director now owns 6,305,836 shares of the company’s stock, valued at $4,414,085.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Mobivity Holdings Corp. (MFON) traded up 2.67% during midday trading on Friday, reaching $0.77. The company had a trading volume of 5,048 shares. The company has a 50-day moving average price of $0.76 and a 200 day moving average price of $0.75. Mobivity Holdings Corp. has a one year low of $0.48 and a one year high of $0.89. The company’s market capitalization is $28.02 million.
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Separately, ValuEngine downgraded Mobivity Holdings Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, May 23rd.
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