GAIN Capital Holdings, Inc. (NYSE:GCAP) major shareholder Ltd Ipgl bought 92,019 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The stock was bought at an average price of $6.23 per share, with a total value of $573,278.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Ltd Ipgl also recently made the following trade(s):

  • On Monday, August 21st, Ltd Ipgl bought 36,675 shares of GAIN Capital Holdings stock. The stock was bought at an average price of $6.25 per share, with a total value of $229,218.75.

Shares of GAIN Capital Holdings, Inc. (GCAP) traded down 0.80% during mid-day trading on Thursday, reaching $6.21. The company’s stock had a trading volume of 544,772 shares. The firm has a market capitalization of $293.37 million, a PE ratio of 27.24 and a beta of 0.33. GAIN Capital Holdings, Inc. has a 52 week low of $4.54 and a 52 week high of $8.75. The firm has a 50-day moving average of $6.62 and a 200-day moving average of $6.86.

GAIN Capital Holdings (NYSE:GCAP) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. GAIN Capital Holdings had a net margin of 3.21% and a return on equity of 2.85%. The company had revenue of $98.10 million for the quarter, compared to analyst estimates of $98.70 million. During the same quarter last year, the business earned $0.27 earnings per share. GAIN Capital Holdings’s revenue was down 9.2% compared to the same quarter last year. Equities research analysts forecast that GAIN Capital Holdings, Inc. will post $0.19 earnings per share for the current fiscal year.

GAIN Capital Holdings announced that its Board of Directors has approved a stock repurchase plan on Wednesday, May 17th that permits the company to repurchase $35.00 million in outstanding shares. This repurchase authorization permits the financial services provider to reacquire up to 12.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Tuesday, September 12th will be paid a $0.06 dividend. The ex-dividend date is Monday, September 11th. This represents a $0.24 annualized dividend and a dividend yield of 3.86%. GAIN Capital Holdings’s payout ratio is currently 104.35%.

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Several large investors have recently made changes to their positions in GCAP. Principal Financial Group Inc. acquired a new stake in shares of GAIN Capital Holdings in the second quarter valued at approximately $119,000. Martingale Asset Management L P acquired a new stake in shares of GAIN Capital Holdings in the first quarter valued at approximately $126,000. Eagle Global Advisors LLC acquired a new stake in shares of GAIN Capital Holdings in the first quarter valued at approximately $153,000. Alpine Woods Capital Investors LLC acquired a new stake in shares of GAIN Capital Holdings in the second quarter valued at approximately $155,000. Finally, Voya Investment Management LLC increased its stake in shares of GAIN Capital Holdings by 17.1% in the second quarter. Voya Investment Management LLC now owns 25,712 shares of the financial services provider’s stock valued at $160,000 after purchasing an additional 3,755 shares during the period. Institutional investors own 53.55% of the company’s stock.

A number of research firms recently issued reports on GCAP. Zacks Investment Research lowered GAIN Capital Holdings from a “buy” rating to a “sell” rating in a report on Tuesday, July 18th. BidaskClub lowered GAIN Capital Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. TheStreet upgraded GAIN Capital Holdings from a “c” rating to a “b-” rating in a report on Monday, August 7th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $7.00 target price on shares of GAIN Capital Holdings in a report on Monday, May 15th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $8.50 target price (down from $9.00) on shares of GAIN Capital Holdings in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $7.58.

About GAIN Capital Holdings

GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

Insider Buying and Selling by Quarter for GAIN Capital Holdings (NYSE:GCAP)

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