B. Riley Financial Inc (NASDAQ:RILY) major shareholder B. Riley Financial, Inc. sold 3,000 shares of the stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $7.42, for a total transaction of $22,260.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

B. Riley Financial, Inc. also recently made the following trade(s):

  • On Thursday, April 18th, B. Riley Financial, Inc. sold 500 shares of B. Riley Financial stock. The shares were sold at an average price of $7.66, for a total transaction of $3,830.00.
  • On Monday, April 15th, B. Riley Financial, Inc. sold 3,211 shares of B. Riley Financial stock. The shares were sold at an average price of $8.26, for a total transaction of $26,522.86.
  • On Thursday, April 11th, B. Riley Financial, Inc. sold 779 shares of B. Riley Financial stock. The shares were sold at an average price of $8.39, for a total transaction of $6,535.81.

Shares of RILY opened at $18.17 on Wednesday. The company has a debt-to-equity ratio of 5.68, a current ratio of 3.03 and a quick ratio of 3.03. B. Riley Financial Inc has a twelve month low of $13.60 and a twelve month high of $23.70. The firm has a market cap of $481.24 million, a price-to-earnings ratio of 15.10 and a beta of 1.23.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Tuesday, March 19th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, February 14th. This represents a $0.32 annualized dividend and a yield of 1.76%.

A number of hedge funds and other institutional investors have recently modified their holdings of RILY. Oppenheimer Asset Management Inc. bought a new position in B. Riley Financial in the 4th quarter worth $35,000. Metropolitan Life Insurance Co. NY raised its holdings in B. Riley Financial by 417.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,195 shares of the asset manager’s stock worth $102,000 after purchasing an additional 5,804 shares in the last quarter. D. E. Shaw & Co. Inc. bought a new position in B. Riley Financial in the 4th quarter worth $200,000. Alliancebernstein L.P. bought a new position in B. Riley Financial in the 3rd quarter worth $203,000. Finally, MetLife Investment Advisors LLC raised its holdings in B. Riley Financial by 54.7% in the 3rd quarter. MetLife Investment Advisors LLC now owns 16,424 shares of the asset manager’s stock worth $372,000 after purchasing an additional 5,804 shares in the last quarter. Institutional investors and hedge funds own 45.89% of the company’s stock.

Separately, BidaskClub raised shares of B. Riley Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, March 12th.

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B. Riley Financial Company Profile

B. Riley Financial, Inc, through its subsidiaries, provides collaborative financial services and solutions in North America, Australia, and Europe. The company operates in four segments: Capital Markets, Auction and Liquidation, Valuation and Appraisal, and Principal Investments – United Online and magicJack.

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Insider Buying and Selling by Quarter for B. Riley Financial (NASDAQ:RILY)

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