Insider Selling: A-Mark Precious Metals, Inc. (AMRK) CEO Sells 3,300 Shares of Stock
A-Mark Precious Metals, Inc. (NASDAQ:AMRK) CEO Gregory N. Roberts sold 3,300 shares of A-Mark Precious Metals stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $17.17, for a total transaction of $56,661.00. Following the transaction, the chief executive officer now directly owns 32,656 shares in the company, valued at $560,703.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of A-Mark Precious Metals, Inc. (AMRK) traded down 3.62% during trading on Thursday, reaching $17.30. 24,682 shares of the company traded hands. A-Mark Precious Metals, Inc. has a 52 week low of $14.75 and a 52 week high of $21.66. The firm’s 50 day moving average price is $15.76 and its 200-day moving average price is $17.11. The company has a market capitalization of $121.64 million, a price-to-earnings ratio of 17.82 and a beta of 0.13.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC increased its position in A-Mark Precious Metals by 46.4% in the fourth quarter. Renaissance Technologies LLC now owns 47,000 shares of the company’s stock worth $917,000 after buying an additional 14,900 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of A-Mark Precious Metals during the first quarter valued at about $180,000. Wedbush Securities Inc. acquired a new position in shares of A-Mark Precious Metals during the first quarter valued at about $282,000. Shufro Rose & Co. LLC increased its position in shares of A-Mark Precious Metals by 0.3% in the first quarter. Shufro Rose & Co. LLC now owns 207,550 shares of the company’s stock valued at $3,545,000 after buying an additional 550 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of A-Mark Precious Metals by 13.4% in the first quarter. JPMorgan Chase & Co. now owns 15,470 shares of the company’s stock valued at $264,000 after buying an additional 1,829 shares during the last quarter. 20.21% of the stock is currently owned by hedge funds and other institutional investors.
A-Mark Precious Metals Company Profile
A-Mark Precious Metals, Inc is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies.
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