Insider Buying: Adam Scott Malamed Purchases 5,000 Shares of Ladenburg Thalmann Stock (LTS)
Ladenburg Thalmann (NYSE:LTS) COO Adam Scott Malamed acquired 5,000 shares of the stock on the open market in a transaction that occurred on Thursday, June 12th. The shares were purchased at an average price of $2.79 per share, for a total transaction of $13,950.00. Following the purchase, the chief operating officer now directly owns 4,000 shares of the company’s stock, valued at approximately $11,160. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Ladenburg Thalmann (NYSE:LTS) opened at 2.83 on Tuesday. Ladenburg Thalmann has a 52-week low of $1.60 and a 52-week high of $3.54. The stock’s 50-day moving average is $2.83 and its 200-day moving average is $2.87. The company’s market cap is $514.5 million.
Ladenburg Thalmann (NYSE:LTS) last released its earnings data on Wednesday, May 7th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01. Analysts expect that Ladenburg Thalmann will post $0.02 EPS for the current fiscal year.
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