A-Mark Precious Metals Inc (NASDAQ:AMRK) President Thor Gjerdrum sold 4,070 shares of the firm’s stock in a transaction on Friday, November 30th. The stock was sold at an average price of $12.08, for a total transaction of $49,165.60. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Thor Gjerdrum also recently made the following trade(s):

  • On Wednesday, November 28th, Thor Gjerdrum sold 1,500 shares of A-Mark Precious Metals stock. The stock was sold at an average price of $11.95, for a total transaction of $17,925.00.
  • On Monday, November 26th, Thor Gjerdrum sold 1,000 shares of A-Mark Precious Metals stock. The stock was sold at an average price of $12.01, for a total transaction of $12,010.00.

Shares of AMRK stock traded down $0.07 during mid-day trading on Thursday, hitting $12.23. The stock had a trading volume of 174 shares, compared to its average volume of 7,261. A-Mark Precious Metals Inc has a fifty-two week low of $10.39 and a fifty-two week high of $15.80. The stock has a market capitalization of $86.48 million, a PE ratio of -203.83 and a beta of 0.05. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.72 and a current ratio of 1.23.

A-Mark Precious Metals (NASDAQ:AMRK) last released its earnings results on Thursday, November 8th. The company reported $0.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.13. A-Mark Precious Metals had a negative net margin of 0.03% and a positive return on equity of 0.79%. The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Equities analysts forecast that A-Mark Precious Metals Inc will post 0.64 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in AMRK. Wedbush Securities Inc. lifted its stake in shares of A-Mark Precious Metals by 6.6% in the 2nd quarter. Wedbush Securities Inc. now owns 63,351 shares of the company’s stock worth $841,000 after acquiring an additional 3,896 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of A-Mark Precious Metals by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 317,884 shares of the company’s stock worth $4,221,000 after acquiring an additional 4,805 shares during the period. Finally, Cannell Capital LLC lifted its stake in shares of A-Mark Precious Metals by 66.7% in the 2nd quarter. Cannell Capital LLC now owns 12,500 shares of the company’s stock worth $166,000 after acquiring an additional 5,000 shares during the period. Institutional investors own 19.81% of the company’s stock.

Several brokerages have issued reports on AMRK. Zacks Investment Research raised shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Wednesday, November 7th. B. Riley reissued a “neutral” rating and set a $16.50 price objective (up from $16.00) on shares of A-Mark Precious Metals in a research report on Monday, September 17th. Finally, TheStreet downgraded shares of A-Mark Precious Metals from a “c” rating to a “d+” rating in a research report on Monday, September 24th.

ILLEGAL ACTIVITY WARNING: “Insider Selling: A-Mark Precious Metals Inc (AMRK) President Sells $49,165.60 in Stock” was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.watchlistnews.com/insider-selling-a-mark-precious-metals-inc-amrk-president-sells-49165-60-in-stock/2665153.html.

About A-Mark Precious Metals

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company worldwide. The company offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grains, ingots, and coins, as well as distributes gold and silver coins and bars from sovereign and private mints.

Featured Article: How do candlesticks reflect price movement?

Insider Buying and Selling by Quarter for A-Mark Precious Metals (NASDAQ:AMRK)

Receive News & Ratings for A-Mark Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A-Mark Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.