Marpai, Inc. (NASDAQ:MRAI) Director Robert M. Pons Buys 12,100 Shares of Stock

Marpai, Inc. (NASDAQ:MRAIGet Free Report) Director Robert M. Pons bought 12,100 shares of Marpai stock in a transaction dated Tuesday, January 16th. The stock was acquired at an average cost of $0.92 per share, for a total transaction of $11,132.00. Following the completion of the transaction, the director now directly owns 24,200 shares in the company, valued at $22,264. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Marpai Stock Down 8.2 %

NASDAQ:MRAI opened at $0.85 on Thursday. The firm’s 50-day moving average price is $1.59 and its 200-day moving average price is $1.23. Marpai, Inc. has a 1-year low of $0.33 and a 1-year high of $13.60.

Marpai (NASDAQ:MRAIGet Free Report) last announced its quarterly earnings results on Monday, November 13th. The company reported ($0.98) earnings per share (EPS) for the quarter. The firm had revenue of $8.73 million during the quarter. Marpai had a negative return on equity of 789.96% and a negative net margin of 89.28%.

Wall Street Analysts Forecast Growth

Separately, Maxim Group reaffirmed a “hold” rating on shares of Marpai in a research report on Tuesday, November 14th.

Read Our Latest Research Report on MRAI

Hedge Funds Weigh In On Marpai

A hedge fund recently bought a new stake in Marpai stock. Jane Street Group LLC bought a new stake in shares of Marpai, Inc. (NASDAQ:MRAIFree Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,586 shares of the company’s stock, valued at approximately $28,000. Jane Street Group LLC owned 0.08% of Marpai as of its most recent filing with the Securities and Exchange Commission. 8.88% of the stock is owned by institutional investors.

About Marpai

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Marpai, Inc, a technology-driven healthcare payer, focuses on providing services to the self-insured employer market in the United States and Israel. The company offers ancillary services, such as care management, case management, actuarial services, health savings account administration, bill review and cost containment services.

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