B. Riley Financial Inc (NASDAQ:RILY) major shareholder B. Riley Financial, Inc. purchased 1,700 shares of the stock in a transaction dated Wednesday, November 7th. The stock was bought at an average cost of $8.86 per share, with a total value of $15,062.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Friday, November 9th, B. Riley Financial, Inc. purchased 252 shares of B. Riley Financial stock. The stock was bought at an average cost of $8.60 per share, with a total value of $2,167.20.
  • On Monday, November 5th, B. Riley Financial, Inc. purchased 4,515 shares of B. Riley Financial stock. The stock was bought at an average cost of $9.03 per share, with a total value of $40,770.45.
  • On Friday, November 2nd, B. Riley Financial, Inc. purchased 1,245 shares of B. Riley Financial stock. The stock was bought at an average cost of $9.15 per share, with a total value of $11,391.75.
  • On Wednesday, October 31st, B. Riley Financial, Inc. bought 5,850 shares of B. Riley Financial stock. The shares were acquired at an average cost of $9.25 per share, with a total value of $54,112.50.
  • On Monday, October 29th, B. Riley Financial, Inc. bought 4,959 shares of B. Riley Financial stock. The shares were acquired at an average cost of $9.55 per share, with a total value of $47,358.45.
  • On Thursday, October 25th, B. Riley Financial, Inc. bought 511 shares of B. Riley Financial stock. The shares were acquired at an average cost of $9.90 per share, with a total value of $5,058.90.
  • On Monday, October 22nd, B. Riley Financial, Inc. bought 83 shares of B. Riley Financial stock. The shares were acquired at an average cost of $9.90 per share, with a total value of $821.70.
  • On Friday, October 19th, B. Riley Financial, Inc. bought 16 shares of B. Riley Financial stock. The shares were acquired at an average cost of $9.90 per share, with a total value of $158.40.
  • On Tuesday, October 16th, B. Riley Financial, Inc. bought 13,734 shares of B. Riley Financial stock. The shares were acquired at an average cost of $10.23 per share, with a total value of $140,498.82.
  • On Thursday, October 11th, B. Riley Financial, Inc. bought 3,518 shares of B. Riley Financial stock. The shares were acquired at an average cost of $10.24 per share, with a total value of $36,024.32.

NASDAQ RILY traded down $0.85 during trading hours on Friday, reaching $18.30. 53,642 shares of the company’s stock were exchanged, compared to its average volume of 32,359. B. Riley Financial Inc has a one year low of $16.05 and a one year high of $23.70. The company has a debt-to-equity ratio of 5.54, a quick ratio of 2.62 and a current ratio of 4.34. The stock has a market cap of $508.51 million, a price-to-earnings ratio of 12.28 and a beta of 1.07.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 30th. Investors of record on Friday, November 16th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $0.32 dividend on an annualized basis and a yield of 1.75%.

Separately, BidaskClub cut B. Riley Financial from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 30th.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. bought a new stake in B. Riley Financial during the 3rd quarter worth approximately $203,000. Royal Bank of Canada grew its stake in shares of B. Riley Financial by 718.7% during the 1st quarter. Royal Bank of Canada now owns 12,943 shares of the asset manager’s stock worth $252,000 after acquiring an additional 11,362 shares in the last quarter. Alps Advisors Inc. bought a new position in shares of B. Riley Financial during the 2nd quarter worth approximately $504,000. Swiss National Bank bought a new position in shares of B. Riley Financial during the 2nd quarter worth approximately $571,000. Finally, Renaissance Technologies LLC bought a new position in shares of B. Riley Financial during the 2nd quarter worth approximately $745,000. 46.63% of the stock is owned by institutional investors and hedge funds.

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About B. Riley Financial

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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