Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CAO Nora Spatz Acquires 1,904 Shares

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBCGet Free Report) CAO Nora Spatz acquired 1,904 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was purchased at an average cost of $14.50 per share, with a total value of $27,608.00. Following the completion of the acquisition, the chief accounting officer owned 38,918 shares of the company’s stock, valued at $564,311. The trade was a 5.14% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Nora Spatz also recently made the following trade(s):

  • On Wednesday, June 10th, Nora Spatz acquired 602 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was purchased at an average cost of $14.75 per share, with a total value of $8,879.50.
  • On Monday, June 8th, Nora Spatz acquired 197 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was purchased at an average cost of $14.24 per share, with a total value of $2,805.28.
  • On Friday, June 5th, Nora Spatz bought 320 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $14.25 per share, with a total value of $4,560.00.
  • On Thursday, June 4th, Nora Spatz bought 74 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $13.77 per share, with a total value of $1,018.98.
  • On Wednesday, June 3rd, Nora Spatz bought 722 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $13.75 per share, with a total value of $9,927.50.

Marathon Bancorp, Inc. /MD/ Stock Up 1.1%

Shares of MBBC stock opened at $14.30 on Friday. The company has a 50 day moving average of $14.11. The firm has a market capitalization of $42.20 million, a P/E ratio of 37.63 and a beta of -0.03. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.31 and a current ratio of 1.31. Marathon Bancorp, Inc. /MD/ has a 52 week low of $9.90 and a 52 week high of $15.75.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBCGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.18 earnings per share for the quarter. The company had revenue of $2.30 million for the quarter. Marathon Bancorp, Inc. /MD/ had a return on equity of 2.36% and a net margin of 9.01%.

Trending Headlines about Marathon Bancorp, Inc. /MD/

Here are the key news stories impacting Marathon Bancorp, Inc. /MD/ this week:

  • Positive Sentiment: CEO Nicholas W. Zillges, COO Michelle Knopf, CAO Nora Spatz, and SVP Terry Cornish all bought additional shares across several trades over June 3-10, increasing their ownership positions and reinforcing a bullish insider signal for Marathon Bancorp. Insider buying filing Insider buying filing Insider buying filing Insider buying filing
  • Positive Sentiment: The repeated purchases were made near the mid-$14 range, including multiple buys at $14.24, $14.25, $14.50, and $14.75 per share, suggesting insiders viewed the stock as attractively priced around current levels.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on shares of Marathon Bancorp, Inc. /MD/ in a research report on Tuesday, March 17th. They issued a “hold (c)” rating on the stock. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Marathon Bancorp, Inc. /MD/ currently has an average rating of “Hold”.

Check Out Our Latest Report on MBBC

Marathon Bancorp, Inc. /MD/ Company Profile

(Get Free Report)

Marathon Bancorp, Inc (NASDAQ: MBBC) is a bank holding company that operates through its banking subsidiary to provide a range of commercial and retail banking services. Its core business centers on deposit-taking and lending activities for individual and business customers, with an emphasis on relationship-driven community banking. The company’s banking operations typically include checking and savings accounts, certificates of deposit, and other consumer deposit products.

On the lending side, Marathon Bancorp’s subsidiary offers commercial loans, real estate and mortgage lending, and consumer loans, along with cash management and payment services for small and mid-sized businesses.

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Insider Buying and Selling by Quarter for Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC)

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