B. Riley Financial Inc (RILY) CEO Andrew Moore Purchases 10,000 Shares

B. Riley Financial Inc (NASDAQ:RILY) CEO Andrew Moore acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were purchased at an average price of $16.97 per share, with a total value of $169,700.00. Following the acquisition, the chief executive officer now owns 101,916 shares of the company’s stock, valued at approximately $1,729,514.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

NASDAQ:RILY traded up $0.37 on Friday, reaching $17.12. The stock had a trading volume of 147,304 shares, compared to its average volume of 88,471. The company has a debt-to-equity ratio of 5.68, a current ratio of 3.03 and a quick ratio of 3.03. The stock has a market cap of $450.32 million, a P/E ratio of 15.19 and a beta of 1.24. B. Riley Financial Inc has a 12-month low of $13.60 and a 12-month high of $23.70.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Tuesday, March 19th will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.32 dividend on an annualized basis and a yield of 1.87%.

A number of large investors have recently bought and sold shares of RILY. Northern Trust Corp raised its stake in shares of B. Riley Financial by 5.0% during the 2nd quarter. Northern Trust Corp now owns 221,834 shares of the asset manager’s stock worth $5,003,000 after purchasing an additional 10,568 shares during the period. Wells Fargo & Company MN boosted its stake in B. Riley Financial by 19.8% in the third quarter. Wells Fargo & Company MN now owns 137,861 shares of the asset manager’s stock worth $3,122,000 after buying an additional 22,832 shares in the last quarter. Alliancebernstein L.P. bought a new stake in B. Riley Financial in the third quarter valued at approximately $203,000. BlackRock Inc. lifted its position in B. Riley Financial by 1.0% in the third quarter. BlackRock Inc. now owns 1,218,842 shares of the asset manager’s stock valued at $27,607,000 after purchasing an additional 12,275 shares during the last quarter. Finally, Acuitas Investments LLC lifted its position in B. Riley Financial by 52.1% in the third quarter. Acuitas Investments LLC now owns 169,549 shares of the asset manager’s stock valued at $3,840,000 after purchasing an additional 58,080 shares during the last quarter. 45.76% of the stock is owned by institutional investors.

Separately, BidaskClub cut shares of B. Riley Financial from a “sell” rating to a “strong sell” rating in a report on Wednesday, February 13th.

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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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