Siebert Financial Corp. (NASDAQ:SIEB) Director Gloria E. Gebbia sold 288,537 shares of the company’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $5.04, for a total value of $1,454,226.48. Following the completion of the transaction, the director now owns 3,297,800 shares in the company, valued at $16,620,912. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Siebert Financial Corp. (NASDAQ:SIEB) opened at $9.00 on Thursday. The firm has a market capitalization of $223.77, a PE ratio of -112.49 and a beta of -1.09. Siebert Financial Corp. has a one year low of $2.16 and a one year high of $21.61.

Siebert Financial (NASDAQ:SIEB) last announced its earnings results on Thursday, November 9th. The financial services provider reported $0.05 earnings per share for the quarter. The business had revenue of $3.09 million for the quarter. Siebert Financial had a positive return on equity of 36.34% and a negative net margin of 15.93%.

An institutional investor recently raised its position in Siebert Financial stock. Northern Trust Corp boosted its holdings in Siebert Financial Corp. (NASDAQ:SIEB) by 10.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,573 shares of the financial services provider’s stock after acquiring an additional 2,680 shares during the quarter. Northern Trust Corp owned 0.13% of Siebert Financial worth $117,000 at the end of the most recent reporting period. 0.83% of the stock is currently owned by institutional investors.

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Siebert Financial Company Profile

Siebert Financial Corp. is a holding company that conducts retail discount brokerage business through its subsidiary, Muriel Siebert & Co, Inc (Siebert). The Company’s Siebert’s principal activity is providing online and traditional brokerage and related services to retail investors. It is also an investment advisor through a subsidiary, Siebert Investment Advisors, Inc (SIA).

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