A-Mark Precious Metals, Inc. (NASDAQ:AMRK – Get Rating) CEO Gregory N. Roberts sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $36.16, for a total value of $216,960.00. Following the completion of the sale, the chief executive officer now directly owns 28,202 shares in the company, valued at approximately $1,019,784.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
A-Mark Precious Metals Trading Up 0.2 %
A-Mark Precious Metals stock opened at $37.15 on Friday. A-Mark Precious Metals, Inc. has a twelve month low of $23.71 and a twelve month high of $40.93. The stock’s fifty day simple moving average is $34.60 and its 200-day simple moving average is $33.95. The firm has a market capitalization of $864.11 million, a P/E ratio of 6.03 and a beta of -0.05.
A-Mark Precious Metals Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 28th. Stockholders of record on Monday, April 17th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend was Friday, April 14th. A-Mark Precious Metals’s dividend payout ratio is currently 12.99%.
Analyst Ratings Changes
Institutional Trading of A-Mark Precious Metals
Large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC increased its position in shares of A-Mark Precious Metals by 125.5% during the first quarter. Nisa Investment Advisors LLC now owns 1,078 shares of the company’s stock worth $37,000 after acquiring an additional 600 shares during the period. Great West Life Assurance Co. Can purchased a new position in A-Mark Precious Metals in the third quarter valued at $36,000. Quantbot Technologies LP purchased a new position in A-Mark Precious Metals in the third quarter valued at $49,000. AXS Investments LLC purchased a new position in A-Mark Precious Metals in the fourth quarter valued at $75,000. Finally, Tower Research Capital LLC TRC increased its holdings in A-Mark Precious Metals by 836.9% in the third quarter. Tower Research Capital LLC TRC now owns 2,258 shares of the company’s stock valued at $64,000 after buying an additional 2,017 shares during the last quarter. Hedge funds and other institutional investors own 50.03% of the company’s stock.
About A-Mark Precious Metals
A-Mark Precious Metals, Inc engages in the trading of precious metals. It operates through the following segments: Wholesale Trading and Ancillary Services, Secured Lending, and Direct-to-Consumer. The Wholesale Trading and Ancillary Services segment offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grain, ingots, and coins.
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