Bryant R. Riley Buys 7,325 Shares of B. Riley Financial Inc (RILY) Stock

B. Riley Financial Inc (NASDAQ:RILY) CEO Bryant R. Riley bought 7,325 shares of B. Riley Financial stock in a transaction dated Thursday, November 16th. The stock was acquired at an average price of $17.15 per share, with a total value of $125,623.75. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

B. Riley Financial Inc (NASDAQ RILY) traded down $0.35 on Thursday, hitting $18.45. The stock had a trading volume of 94,992 shares, compared to its average volume of 86,939. The stock has a market capitalization of $501.56, a price-to-earnings ratio of 11.02 and a beta of 0.98. B. Riley Financial Inc has a one year low of $13.55 and a one year high of $21.30. The company has a debt-to-equity ratio of 3.07, a current ratio of 2.97 and a quick ratio of 2.97.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd were issued a $0.08 dividend. The ex-dividend date was Tuesday, November 21st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.73%. B. Riley Financial’s payout ratio is currently 21.19%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in RILY. Argent Capital Management LLC purchased a new stake in shares of B. Riley Financial during the third quarter worth $966,000. Cornerstone Capital Management Holdings LLC. raised its holdings in shares of B. Riley Financial by 110.3% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 7,627 shares of the asset manager’s stock worth $130,000 after acquiring an additional 4,000 shares in the last quarter. NWQ Investment Management Company LLC raised its holdings in shares of B. Riley Financial by 70.4% during the third quarter. NWQ Investment Management Company LLC now owns 709,864 shares of the asset manager’s stock worth $12,103,000 after acquiring an additional 293,398 shares in the last quarter. Royce & Associates LP raised its holdings in shares of B. Riley Financial by 1,083.2% during the third quarter. Royce & Associates LP now owns 279,540 shares of the asset manager’s stock worth $4,766,000 after acquiring an additional 255,914 shares in the last quarter. Finally, California State Teachers Retirement System raised its holdings in shares of B. Riley Financial by 41.7% during the third quarter. California State Teachers Retirement System now owns 34,316 shares of the asset manager’s stock worth $585,000 after acquiring an additional 10,100 shares in the last quarter. Institutional investors own 45.81% of the company’s stock.

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About B. Riley Financial

B. Riley Financial, Inc is an independent investment bank. The Company’s segments include capital markets, auction and liquidation, valuation and appraisal, and Principal Investments-United Online. The capital markets segment provides an array of investment banking, corporate finance, research, wealth management, sales and trading services to corporate, institutional and high net worth clients.

Insider Buying and Selling by Quarter for B. Riley Financial (NASDAQ:RILY)

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