Insider Buying: PodcastOne, Inc. (NASDAQ:PODC) Director Acquires $18,040.00 in Stock

PodcastOne, Inc. (NASDAQ:PODC) Director D Jonathan Merriman purchased 11,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was acquired at an average cost of $1.64 per share, with a total value of $18,040.00. Following the completion of the acquisition, the director now directly owns 200,339 shares in the company, valued at approximately $328,555.96. This trade represents a 5.81 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

D Jonathan Merriman also recently made the following trade(s):

• On Tuesday, September 24th, D Jonathan Merriman purchased 10,000 shares of PodcastOne stock. The shares were purchased at an average cost of $1.65 per share, with a total value of $16,500.00.
• On Friday, September 20th, D Jonathan Merriman purchased 14,000 shares of PodcastOne stock. The shares were acquired at an average price of $1.89 per share, with a total value of $26,460.00.
• On Wednesday, September 11th, D Jonathan Merriman acquired 17,800 shares of PodcastOne stock. The stock was purchased at an average cost of $1.71 per share, for a total transaction of $30,438.00.
• On Monday, September 9th, D Jonathan Merriman bought 10,000 shares of PodcastOne stock. The shares were acquired at an average cost of $1.60 per share, with a total value of $16,000.00.

PodcastOne Stock Down 4.2 %

Shares of PodcastOne stock opened at $1.74 on Friday. The stock’s fifty day moving average is $1.49 and its 200-day moving average is $1.58. PodcastOne, Inc. has a 12-month low of $1.10 and a 12-month high of $2.70.

About PodcastOne

PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.