11,262 Shares in Radiant Logistics, Inc. $RLGT Bought by Jump Financial LLC

Jump Financial LLC acquired a new position in shares of Radiant Logistics, Inc. (NYSEAMERICAN:RLGTFree Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 11,262 shares of the company’s stock, valued at approximately $69,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ProShare Advisors LLC purchased a new position in Radiant Logistics during the fourth quarter worth $67,000. EP Wealth Advisors LLC purchased a new position in Radiant Logistics during the fourth quarter worth $67,000. Price T Rowe Associates Inc. MD boosted its stake in Radiant Logistics by 19.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,523 shares of the company’s stock worth $91,000 after buying an additional 2,201 shares during the period. XTX Topco Ltd purchased a new position in Radiant Logistics during the first quarter worth $125,000. Finally, MetLife Investment Management LLC boosted its stake in Radiant Logistics by 103.8% during the fourth quarter. MetLife Investment Management LLC now owns 22,047 shares of the company’s stock worth $148,000 after buying an additional 11,227 shares during the period. 53.59% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Todd Macomber sold 25,000 shares of the business’s stock in a transaction on Friday, June 27th. The shares were sold at an average price of $6.15, for a total transaction of $153,750.00. Following the completion of the sale, the chief financial officer directly owned 156,704 shares of the company’s stock, valued at approximately $963,729.60. The trade was a 13.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 24.60% of the stock is owned by insiders.

Radiant Logistics Stock Down 0.2%

NYSEAMERICAN RLGT opened at $6.46 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average of $6.15 and a two-hundred day moving average of $6.20. The firm has a market capitalization of $304.52 million, a price-to-earnings ratio of 18.46 and a beta of 0.80. Radiant Logistics, Inc. has a 52 week low of $5.44 and a 52 week high of $7.94.

Radiant Logistics Company Profile

(Free Report)

Radiant Logistics, Inc, a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. The company offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services.

Further Reading

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Institutional Ownership by Quarter for Radiant Logistics (NYSEAMERICAN:RLGT)

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