B. Riley Financial, Inc. Purchases 4,959 Shares of B. Riley Financial Inc (NASDAQ:RILY) Stock

B. Riley Financial Inc (NASDAQ:RILY) major shareholder B. Riley Financial, Inc. bought 4,959 shares of B. Riley Financial stock in a transaction on Monday, October 29th. The shares were acquired at an average cost of $9.55 per share, for a total transaction of $47,358.45. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

B. Riley Financial, Inc. also recently made the following trade(s):

  • On Monday, November 19th, B. Riley Financial, Inc. bought 7,237 shares of B. Riley Financial stock. The shares were acquired at an average cost of $8.24 per share, for a total transaction of $59,632.88.
  • On Friday, November 16th, B. Riley Financial, Inc. bought 190 shares of B. Riley Financial stock. The shares were acquired at an average cost of $8.40 per share, for a total transaction of $1,596.00.
  • On Wednesday, November 14th, B. Riley Financial, Inc. bought 962 shares of B. Riley Financial stock. The shares were acquired at an average cost of $8.45 per share, for a total transaction of $8,128.90.
  • On Monday, November 12th, B. Riley Financial, Inc. bought 1,592 shares of B. Riley Financial stock. The shares were acquired at an average cost of $8.56 per share, for a total transaction of $13,627.52.
  • On Friday, November 9th, B. Riley Financial, Inc. bought 252 shares of B. Riley Financial stock. The shares were acquired at an average cost of $8.60 per share, for a total transaction of $2,167.20.
  • On Wednesday, November 7th, B. Riley Financial, Inc. bought 1,700 shares of B. Riley Financial stock. The shares were acquired at an average cost of $8.86 per share, for a total transaction of $15,062.00.
  • On Monday, November 5th, B. Riley Financial, Inc. acquired 4,515 shares of B. Riley Financial stock. The stock was purchased at an average cost of $9.03 per share, for a total transaction of $40,770.45.
  • On Friday, November 2nd, B. Riley Financial, Inc. acquired 1,245 shares of B. Riley Financial stock. The stock was purchased at an average cost of $9.15 per share, for a total transaction of $11,391.75.
  • On Wednesday, October 31st, B. Riley Financial, Inc. acquired 5,850 shares of B. Riley Financial stock. The stock was purchased at an average cost of $9.25 per share, for a total transaction of $54,112.50.
  • On Thursday, October 25th, B. Riley Financial, Inc. acquired 511 shares of B. Riley Financial stock. The stock was purchased at an average cost of $9.90 per share, for a total transaction of $5,058.90.

Shares of NASDAQ:RILY traded up $0.36 during trading on Thursday, reaching $17.56. The stock had a trading volume of 22,136 shares, compared to its average volume of 35,608. 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 Inc has a 52 week low of $17.15 and a 52 week high of $23.70. The firm has a market cap of $456.73 million, a P/E ratio of 11.03 and a beta of 1.07.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Friday, November 16th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Thursday, November 15th.

Separately, BidaskClub lowered shares of B. Riley Financial from a “hold” rating to a “sell” rating in a research note on Friday, September 14th.

Large investors have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in B. Riley Financial by 1.0% during the third quarter. BlackRock Inc. now owns 1,218,842 shares of the asset manager’s stock worth $27,607,000 after acquiring an additional 12,275 shares in the last quarter. NWQ Investment Management Company LLC boosted its stake in B. Riley Financial by 2.9% during the third quarter. NWQ Investment Management Company LLC now owns 962,291 shares of the asset manager’s stock worth $18,380,000 after acquiring an additional 26,685 shares in the last quarter. Royce & Associates LP boosted its stake in B. Riley Financial by 5.1% during the third quarter. Royce & Associates LP now owns 780,152 shares of the asset manager’s stock worth $17,670,000 after acquiring an additional 37,700 shares in the last quarter. Northern Trust Corp boosted its stake 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 worth $5,003,000 after acquiring an additional 10,568 shares in the last quarter. Finally, Acuitas Investments LLC boosted its stake in B. Riley Financial by 52.1% during the third quarter. Acuitas Investments LLC now owns 169,549 shares of the asset manager’s stock worth $3,840,000 after acquiring an additional 58,080 shares in the last quarter. 46.25% of the stock is currently owned by institutional investors.

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B. Riley Financial Company Profile

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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