Great Elm Capital Group, Inc. (GEC) Insider Adam M. Kleinman Buys 30,000 Shares
Great Elm Capital Group, Inc. (NASDAQ:GEC) insider Adam M. Kleinman bought 30,000 shares of Great Elm Capital Group stock in a transaction dated Friday, November 10th. The stock was acquired at an average cost of $3.65 per share, for a total transaction of $109,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Great Elm Capital Group, Inc. (NASDAQ:GEC) opened at $3.70 on Tuesday. The company has a quick ratio of 11.30, a current ratio of 11.30 and a debt-to-equity ratio of 0.07. Great Elm Capital Group, Inc. has a 1 year low of $2.95 and a 1 year high of $4.60.
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An institutional investor recently raised its position in Great Elm Capital Group stock. Roumell Asset Management LLC grew its position in Great Elm Capital Group, Inc. (NASDAQ:GEC) by 489.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 363,799 shares of the software maker’s stock after buying an additional 302,074 shares during the period. Great Elm Capital Group makes up 3.0% of Roumell Asset Management LLC’s portfolio, making the stock its 13th largest position. Roumell Asset Management LLC owned approximately 1.43% of Great Elm Capital Group worth $1,291,000 at the end of the most recent quarter. Institutional investors own 36.25% of the company’s stock.
Great Elm Capital Group Company Profile
Great Elm Capital Group, Inc, formerly Unwired Planet, Inc, is a holding company. The Company makes investments in businesses and assets in various industries. The Company’s investment for long-term value creation is in the asset management business. The Company continues to explore other opportunities in the investment management business, including other business development companies (BDCs) that trade at a discount to their net asset value.
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