Insider Buying: Ladenburg Thalmann Director Buys 1,845 Shares of Stock (LTS)
Ladenburg Thalmann (NYSE:LTS) Director Saul Gilinski purchased 1,845 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were purchased at an average cost of $2.98 per share, with a total value of $5,498.10. Following the completion of the purchase, the director now directly owns 40,000 shares of the company’s stock, valued at approximately $119,200. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Ladenburg Thalmann (NYSE:LTS) opened at 3.12 on Tuesday. Ladenburg Thalmann has a one year low of $1.59 and a one year high of $3.54. The stock’s 50-day moving average is $2.8 and its 200-day moving average is $2.87. The company’s market cap is $567.3 million.
Ladenburg Thalmann (NYSE:LTS) last announced its earnings results 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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