B. Riley Financial, Inc. (NASDAQ:RILY) Director Randall E. Paulson bought 10,000 shares of B. Riley Financial stock in a transaction dated Wednesday, January 13th. The stock was purchased at an average price of $46.00 per share, with a total value of $460,000.00. Following the purchase, the director now directly owns 88,343 shares in the company, valued at approximately $4,063,778. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of RILY opened at $51.05 on Thursday. The company has a current ratio of 5.31, a quick ratio of 5.31 and a debt-to-equity ratio of 5.07. The stock has a market cap of $1.30 billion, a P/E ratio of 49.09 and a beta of 0.96. The company has a 50-day moving average of $40.27 and a two-hundred day moving average of $29.55. B. Riley Financial, Inc. has a 12-month low of $12.94 and a 12-month high of $52.29.
B. Riley Financial (NASDAQ:RILY) last issued its quarterly earnings results on Thursday, October 29th. The asset manager reported $1.92 EPS for the quarter. The firm had revenue of $226.25 million for the quarter.
Institutional investors and hedge funds have recently modified their holdings of the business. Bank of Montreal Can lifted its stake in shares of B. Riley Financial by 607.3% during the second quarter. Bank of Montreal Can now owns 1,641 shares of the asset manager’s stock worth $35,000 after purchasing an additional 1,409 shares in the last quarter. Advisor Group Holdings Inc. bought a new stake in B. Riley Financial in the second quarter valued at about $63,000. BNP Paribas Arbitrage SA increased its holdings in B. Riley Financial by 512.5% in the third quarter. BNP Paribas Arbitrage SA now owns 4,557 shares of the asset manager’s stock valued at $114,000 after buying an additional 3,813 shares during the last quarter. Great West Life Assurance Co. Can grew its holdings in shares of B. Riley Financial by 558.5% during the third quarter. Great West Life Assurance Co. Can now owns 7,764 shares of the asset manager’s stock valued at $28,000 after purchasing an additional 6,585 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in shares of B. Riley Financial during the third quarter valued at approximately $242,000. Institutional investors own 45.79% of the company’s stock.
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 Capital Markets segments offers range of investment banking, corporate finance, consulting, financial advisory, research, securities lending, wealth management, and sales and trading services to corporate, institutional, and high net worth clients.
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