Ladenburg Thalmann Director Purchases $45,297 in Stock (LTS)
Ladenburg Thalmann (NYSE:LTS) Director Jacqueline M. Simkin bought 15,303 shares of the stock in a transaction dated Wednesday, June 25th. The shares were purchased at an average price of $2.96 per share, for a total transaction of $45,296.88. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Shares of Ladenburg Thalmann (NYSE:LTS) opened at 2.97 on Friday. Ladenburg Thalmann has a 1-year low of $1.61 and a 1-year high of $3.54. The stock has a 50-day moving average of $2.89 and a 200-day moving average of $2.86. The company’s market cap is $540.0 million. Ladenburg Thalmann also was the recipient of a significant growth in short interest during the month of June. As of June 13th, there was short interest totalling 3,298,085 shares, a growth of 0.9% from the May 30th total of 3,268,097 shares. Based on an average trading volume of 274,227 shares, the short-interest ratio is currently 12.0 days. Approximately 3.3% of the company’s shares are sold short.
Ladenburg Thalmann (NYSE:LTS) last issued its quarterly 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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