B. Riley Financial Inc (RILY) Major Shareholder Buys $145,947.60 in Stock

B. Riley Financial Inc (NASDAQ:RILY) major shareholder B. Riley Financial, Inc. bought 81,082 shares of the stock in a transaction that occurred on Tuesday, January 22nd. The shares were bought at an average cost of $1.80 per share, with a total value of $145,947.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 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 Friday, January 18th, B. Riley Financial, Inc. acquired 607 shares of B. Riley Financial stock. The shares were acquired at an average cost of $7.93 per share, with a total value of $4,813.51.
  • On Wednesday, January 16th, B. Riley Financial, Inc. acquired 272,901 shares of B. Riley Financial stock. The shares were acquired at an average cost of $1.59 per share, with a total value of $433,912.59.
  • On Monday, January 14th, B. Riley Financial, Inc. acquired 1,900 shares of B. Riley Financial stock. The shares were acquired at an average cost of $7.34 per share, with a total value of $13,946.00.
  • On Thursday, January 10th, B. Riley Financial, Inc. acquired 47 shares of B. Riley Financial stock. The shares were acquired at an average cost of $7.50 per share, with a total value of $352.50.
  • On Tuesday, January 8th, B. Riley Financial, Inc. acquired 600 shares of B. Riley Financial stock. The shares were acquired at an average cost of $7.30 per share, with a total value of $4,380.00.
  • On Thursday, January 3rd, B. Riley Financial, Inc. acquired 350 shares of B. Riley Financial stock. The shares were acquired at an average cost of $1.85 per share, with a total value of $647.50.
  • On Tuesday, December 31st, B. Riley Financial, Inc. acquired 70,855 shares of B. Riley Financial stock. The shares were acquired at an average cost of $7.00 per share, with a total value of $495,985.00.
  • On Friday, December 27th, B. Riley Financial, Inc. acquired 391,893 shares of B. Riley Financial stock. The shares were acquired at an average cost of $1.26 per share, with a total value of $493,785.18.
  • On Friday, December 28th, B. Riley Financial, Inc. acquired 125,000 shares of B. Riley Financial stock. The shares were acquired at an average cost of $1.91 per share, with a total value of $238,750.00.
  • On Wednesday, December 26th, B. Riley Financial, Inc. acquired 7,215 shares of B. Riley Financial stock. The shares were acquired at an average cost of $6.00 per share, with a total value of $43,290.00.

Shares of NASDAQ:RILY traded down $0.44 on Wednesday, hitting $13.73. 82,177 shares of the company’s stock were exchanged, compared to its average volume of 78,813. The stock has a market cap of $387.69 million, a P/E ratio of 9.36 and a beta of 1.36. B. Riley Financial Inc has a 1-year low of $13.60 and a 1-year high of $23.70. The company has a debt-to-equity ratio of 5.54, a quick ratio of 4.34 and a current ratio of 4.34.



B. Riley Financial (NASDAQ:RILY) last released its quarterly earnings data on Monday, November 5th. The asset manager reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $99.68 million during the quarter. B. Riley Financial had a return on equity of 15.70% and a net margin of 4.22%.

Separately, BidaskClub cut B. Riley Financial from a “sell” rating to a “strong sell” rating in a research report on Tuesday, October 30th.

Several large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in B. Riley Financial by 3.8% during the second quarter. Bank of New York Mellon Corp now owns 140,927 shares of the asset manager’s stock valued at $3,179,000 after buying an additional 5,193 shares during the period. BlackRock Inc. lifted its position in B. Riley Financial by 4.3% during the second quarter. BlackRock Inc. now owns 1,206,567 shares of the asset manager’s stock valued at $27,207,000 after buying an additional 49,250 shares during the period. Renaissance Technologies LLC purchased a new position in B. Riley Financial during the second quarter valued at $745,000. Northern Trust Corp lifted its position in B. Riley Financial by 5.0% during the second quarter. Northern Trust Corp now owns 221,834 shares of the asset manager’s stock valued at $5,003,000 after buying an additional 10,568 shares during the period. Finally, Legato Capital Management LLC lifted its position in B. Riley Financial by 90.7% during the third quarter. Legato Capital Management LLC now owns 87,420 shares of the asset manager’s stock valued at $1,980,000 after buying an additional 41,570 shares during the period. 47.04% of the stock is owned by institutional investors and hedge funds.

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About B. Riley Financial

B. Riley Financial, Inc provides 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. It offers investment banking services, including merger and acquisitions, restructuring advisory, initial and secondary public offerings, and institutional private placements; and corporate finance, research, securities lending, wealth management, and sales and trading services to corporate, institutional, and high net worth clients.

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

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