D. Jonathan Merriman, a director at PodcastOne Inc., purchased 15,700 shares of the company’s common stock on August 21, 2026, according to a filing with the U.S. Securities and Exchange Commission. The total value of the transaction amounted to $43,175, with prices ranging from $2.70 to $2.81 per share and a weighted average price of $2.75.
At the time of the filing, PodcastOne’s stock was trading at $2.65, reflecting a 3.3% decline over the prior week. The director’s purchase follows a recent fiscal first-quarter report for 2027, which showed adjusted earnings per share of negative $0.05, beating Wall Street’s forecast of negative $0.07. The company also reported record quarterly revenue of $16.1 million and adjusted EBITDA of $1.6 million, up from $580,000 in the same period last year.
Merriman’s post-transaction holdings include 249,363 shares held directly, 353,732 shares held indirectly via the D. Jonathan and Odile Merriman Family Trust, and an additional 5,200 shares held in a custodial account for his son under the Uniform Transfers to Minors Act.
