FXCM Inc. (NASDAQ:GLBR) COO David Sakhai sold 112,808 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $0.40, for a total value of $45,123.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

David Sakhai also recently made the following trade(s):

  • On Friday, December 1st, David Sakhai sold 252,828 shares of FXCM stock. The stock was sold at an average price of $0.50, for a total value of $126,414.00.
  • On Monday, November 27th, David Sakhai sold 174,610 shares of FXCM stock. The stock was sold at an average price of $0.63, for a total value of $110,004.30.

Shares of FXCM Inc. (GLBR) traded down $0.08 during mid-day trading on Wednesday, hitting $0.25. The company had a trading volume of 444,577 shares, compared to its average volume of 76,316. FXCM Inc. has a 52-week low of $0.25 and a 52-week high of $9.80.

An institutional investor recently bought a new position in FXCM stock. Renaissance Technologies LLC purchased a new position in shares of FXCM Inc. (NASDAQ:GLBR) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 266,730 shares of the financial services provider’s stock, valued at approximately $720,000. Renaissance Technologies LLC owned about 4.34% of FXCM as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 23.00% of the company’s stock.

Separately, ValuEngine raised FXCM from a “strong sell” rating to a “sell” rating in a research note on Friday, December 1st.

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FXCM Company Profile

Global brokerage, Inc, formerly FXCM Inc (FXCM), is engaged in providing online foreign exchange (FX) trading, contract for difference (CFD) trading, spread betting and related services. The Company owns over 50% of FXCM Group, LLC (FXCM Group). FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty.

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