Merchants Bancorp ( NASDAQ:MBINN – Get Rating ) Director Patrick D. O'brien bought 3,999 shares of the stock in a transaction on Thursday, March 9th. The shares were bought at an average cost of $23.25 per share, with a total value of $92,976.75. Following the purchase, the director now owns 4,500 shares of the company's stock, valued at $104,625. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website . Merchants Bancorp Stock Down 4.9 % Shares of MBINN traded down $1.

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