Insider Buying: Mondee Holdings, Inc. (NASDAQ:MOND) CEO Purchases $132,608.00 in Stock

Mondee Holdings, Inc. (NASDAQ:MONDGet Rating) CEO Prasad Gundumogula purchased 11,200 shares of the stock in a transaction on Friday, September 16th. The shares were purchased at an average cost of $11.84 per share, with a total value of $132,608.00. Following the transaction, the chief executive officer now owns 6,324,648 shares in the company, valued at approximately $74,883,832.32. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Prasad Gundumogula also recently made the following trade(s):

  • On Tuesday, September 13th, Prasad Gundumogula purchased 256 shares of Mondee stock. The shares were purchased at an average cost of $13.07 per share, with a total value of $3,345.92.
  • On Thursday, September 8th, Prasad Gundumogula purchased 8,500 shares of Mondee stock. The shares were purchased at an average cost of $12.41 per share, with a total value of $105,485.00.
  • On Tuesday, September 6th, Prasad Gundumogula acquired 15,300 shares of Mondee stock. The stock was bought at an average cost of $12.36 per share, with a total value of $189,108.00.
  • On Monday, August 29th, Prasad Gundumogula acquired 5,166 shares of Mondee stock. The stock was bought at an average cost of $12.72 per share, with a total value of $65,711.52.
  • On Friday, August 26th, Prasad Gundumogula acquired 7,600 shares of Mondee stock. The stock was bought at an average cost of $12.94 per share, with a total value of $98,344.00.
  • On Wednesday, August 24th, Prasad Gundumogula acquired 12,000 shares of Mondee stock. The shares were purchased at an average price of $12.95 per share, with a total value of $155,400.00.
  • On Monday, August 22nd, Prasad Gundumogula purchased 11,806 shares of Mondee stock. The stock was bought at an average price of $11.89 per share, with a total value of $140,373.34.
  • On Thursday, August 18th, Prasad Gundumogula acquired 18,233 shares of Mondee stock. The stock was acquired at an average price of $11.22 per share, for a total transaction of $204,574.26.

Mondee Stock Performance

Shares of NASDAQ MOND opened at $10.71 on Friday. Mondee Holdings, Inc. has a 12-month low of $6.80 and a 12-month high of $16.98. The company has a fifty day moving average of $10.63.

Analyst Ratings Changes

Separately, Cantor Fitzgerald assumed coverage on Mondee in a research note on Monday, August 29th. They issued an “overweight” rating and a $15.00 price objective on the stock.

Mondee Company Profile

(Get Rating)

Mondee Holdings, Inc operates as a travel technology, service, and content company in the leisure and corporate travel markets. It delivers a technology platform of SaaS, mobile, and cloud products and services to a global customer base. The company is connecting a network of 50,000 leisure travel advisors and gig economy workers to 500 airlines and approximately 1 million hotel and vacation rentals, packaged solutions, and ancillary offerings.

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Insider Buying and Selling by Quarter for Mondee (NASDAQ:MOND)

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