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

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CAO Nora Spatz purchased 1,904 shares of the stock in a transaction dated Tuesday, June 9th. The shares were bought at an average price of $14.50 per share, for a total transaction of $27,608.00. Following the completion of the acquisition, the chief accounting officer owned 38,918 shares in the company, valued at $564,311. This represents a 5.14% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

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

Marathon Bancorp, Inc. /MD/ Price Performance

Marathon Bancorp, Inc. /MD/ stock opened at $14.29 on Friday. The firm has a market cap of $42.16 million, a price-to-earnings ratio of 37.61 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 fifty-two week low of $9.90 and a fifty-two week high of $15.75. The stock’s fifty day moving average price is $14.12.

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

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 shares between June 3 and June 10, signaling management confidence in the company’s outlook. Insider buying filing Insider buying filing Insider buying filing Insider buying filing
• Positive Sentiment: The buys were made in the mid-$13 to mid-$14 range, including multiple purchases at $13.75, $13.77, $14.24, $14.25, $14.50, and $14.75 per share, suggesting insiders see value around current trading levels.
• Neutral Sentiment: MarketBeat notes MBBC recently opened around $14.30 and remains close to its 50-day moving average of $14.11, while analyst coverage still reflects a Hold consensus, limiting near-term conviction.
• Neutral Sentiment: The company’s most recent quarterly results showed EPS of $0.18 on revenue of $2.30 million, which does not appear to be a fresh catalyst in the latest move.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Marathon Bancorp, Inc. /MD/ from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Marathon Bancorp, Inc. /MD/ Company Profile

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.