Investors Purchase High Volume of Gain Capital Put Options (GCAP)
Gain Capital Holdings Inc (NYSE:GCAP) saw unusually large options trading on Tuesday. Stock traders acquired 8,735 put options on the stock. This is an increase of approximately 1,774% compared to the average daily volume of 466 put options.
In other news, Director Christopher Warren Calhoun sold 5,000 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $7.00, for a total transaction of $35,000.00. Following the sale, the director now owns 23,278 shares in the company, valued at $162,946. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Diego Rotsztain sold 49,149 shares of the firm’s stock in a transaction on Friday, December 28th. The stock was sold at an average price of $9.00, for a total value of $442,341.00. Following the sale, the general counsel now owns 107,615 shares in the company, valued at approximately $968,535. The disclosure for this sale can be found here. Insiders have sold 103,298 shares of company stock valued at $919,682 in the last three months. 5.00% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of GCAP. Royce & Associates LP lifted its stake in shares of Gain Capital by 4.5% during the second quarter. Royce & Associates LP now owns 415,100 shares of the financial services provider’s stock worth $2,586,000 after purchasing an additional 17,800 shares in the last quarter. IndexIQ Advisors LLC acquired a new position in shares of Gain Capital during the second quarter worth about $354,000. Principal Financial Group Inc. acquired a new position in shares of Gain Capital during the second quarter worth about $119,000. Quinn Opportunity Partners LLC lifted its stake in shares of Gain Capital by 10.5% during the second quarter. Quinn Opportunity Partners LLC now owns 52,803 shares of the financial services provider’s stock worth $329,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Gain Capital by 57.8% during the second quarter. Alliancebernstein L.P. now owns 39,600 shares of the financial services provider’s stock worth $247,000 after purchasing an additional 14,500 shares in the last quarter. Institutional investors own 56.25% of the company’s stock.
Gain Capital (GCAP) opened at $9.22 on Friday. Gain Capital has a fifty-two week low of $5.56 and a fifty-two week high of $13.26. The firm has a market capitalization of $415.62, a price-to-earnings ratio of 30.73, a P/E/G ratio of 1.80 and a beta of 0.26. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.24 and a quick ratio of 1.24.
Gain Capital (NYSE:GCAP) last issued its earnings results on Thursday, October 26th. The financial services provider reported $0.05 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.06. Gain Capital had a return on equity of 5.62% and a net margin of 3.72%. The firm had revenue of $81.30 million for the quarter, compared to analysts’ expectations of $79.86 million. During the same quarter last year, the firm earned ($0.11) earnings per share. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. equities analysts forecast that Gain Capital will post 0.1 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Monday, December 11th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend was Friday, December 8th. Gain Capital’s payout ratio is currently 80.00%.
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Gain Capital Company Profile
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.
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