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Ladenburg Thalmann (NYSE:LTS) COO Adam Scott Malamed acquired 5,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, May 20th. The shares were purchased at an average cost of $2.67 per share, with a total value of $13,350.00. Following the transaction, the chief operating officer now directly owns 4,000 shares in the company, valued at approximately $10,680. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Ladenburg Thalmann (NYSE:LTS) traded down 0.38% during mid-day trading on Wednesday, hitting $2.64. 42,509 shares of the company’s stock traded hands. Ladenburg Thalmann has a 1-year low of $1.53 and a 1-year high of $3.54. The stock’s 50-day moving average is $2.76 and its 200-day moving average is $2.81. The company’s market cap is $480.0 million.

Ladenburg Thalmann (NYSE:LTS) last released its earnings data on Wednesday, May 7th. The company reported $0.01 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.01. Analysts expect that Ladenburg Thalmann will post $0.02 EPS for the current fiscal year.

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