Brilliant Earth Group, Inc. (NASDAQ:BRLT) Insider Sharon Dziesietnik Sells 5,324 Shares of Stock

Brilliant Earth Group, Inc. (NASDAQ:BRLT) insider Sharon Dziesietnik sold 5,324 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $1.96, for a total transaction of $10,435.04. Following the completion of the sale, the insider now owns 392,121 shares of the company’s stock, valued at $768,557.16. The trade was a 1.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Brilliant Earth Group Stock Performance

Brilliant Earth Group stock opened at $2.04 on Friday. Brilliant Earth Group, Inc. has a 1 year low of $1.52 and a 1 year high of $3.81. The company’s 50-day moving average is $1.79 and its two-hundred day moving average is $2.05. The company has a current ratio of 2.80, a quick ratio of 2.27 and a debt-to-equity ratio of 0.49. The company has a market cap of $201.04 million, a PE ratio of 68.02 and a beta of 1.68.

Hedge Funds Weigh In On Brilliant Earth Group

Large investors have recently bought and sold shares of the business. Renaissance Technologies LLC raised its position in shares of Brilliant Earth Group by 9.2% in the 2nd quarter. Renaissance Technologies LLC now owns 118,200 shares of the company’s stock valued at $262,000 after acquiring an additional 10,000 shares during the period. Orion Capital Management LLC increased its stake in Brilliant Earth Group by 166.0% in the third quarter. Orion Capital Management LLC now owns 13,300 shares of the company’s stock valued at $28,000 after purchasing an additional 8,300 shares in the last quarter. Finally, Privium Fund Management UK Ltd acquired a new stake in Brilliant Earth Group in the second quarter worth $28,000. 70.41% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reissued an “outperform” rating and issued a $3.00 price target on shares of Brilliant Earth Group in a report on Friday, November 1st.

About Brilliant Earth Group

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company’s product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.