Silvercrest Asset Management Group Inc (SAMG) Director Al Messina Sells 4,655 Shares

Silvercrest Asset Management Group Inc (NASDAQ:SAMG) Director Al Messina sold 4,655 shares of Silvercrest Asset Management Group stock in a transaction that occurred on Friday, April 20th. The stock was sold at an average price of $15.55, for a total value of $72,385.25. Following the transaction, the director now owns 215,866 shares of the company’s stock, valued at $3,356,716.30. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Al Messina also recently made the following trade(s):

  • On Wednesday, April 18th, Al Messina sold 3,866 shares of Silvercrest Asset Management Group stock. The stock was sold at an average price of $15.55, for a total value of $60,116.30.
  • On Monday, April 16th, Al Messina sold 1,600 shares of Silvercrest Asset Management Group stock. The stock was sold at an average price of $15.57, for a total value of $24,912.00.

Shares of Silvercrest Asset Management Group stock opened at $15.40 on Friday. Silvercrest Asset Management Group Inc has a 1 year low of $11.85 and a 1 year high of $16.80. The company has a market cap of $205.28, a P/E ratio of 16.37 and a beta of 1.06.

Silvercrest Asset Management Group (NASDAQ:SAMG) last issued its quarterly earnings data on Friday, March 9th. The asset manager reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.03. Silvercrest Asset Management Group had a return on equity of 18.75% and a net margin of 5.84%. The firm had revenue of $24.47 million during the quarter.

Separately, Sandler O’Neill restated a “buy” rating and set a $18.00 price objective on shares of Silvercrest Asset Management Group in a research report on Wednesday, April 11th.

Several institutional investors have recently modified their holdings of SAMG. Russell Investments Group Ltd. raised its position in shares of Silvercrest Asset Management Group by 82.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 155,300 shares of the asset manager’s stock worth $2,260,000 after purchasing an additional 70,300 shares during the last quarter. Pacific Ridge Capital Partners LLC raised its position in shares of Silvercrest Asset Management Group by 15.1% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 259,235 shares of the asset manager’s stock worth $4,161,000 after purchasing an additional 34,010 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Silvercrest Asset Management Group by 18.4% during the 4th quarter. Renaissance Technologies LLC now owns 175,800 shares of the asset manager’s stock worth $2,822,000 after purchasing an additional 27,287 shares during the last quarter. Bailard Inc. acquired a new position in shares of Silvercrest Asset Management Group during the 4th quarter worth approximately $322,000. Finally, Millennium Management LLC purchased a new stake in Silvercrest Asset Management Group in the 4th quarter worth approximately $302,000. Hedge funds and other institutional investors own 46.48% of the company’s stock.

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Silvercrest Asset Management Group Company Profile

Silvercrest Asset Management Group Inc, a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors.

Insider Buying and Selling by Quarter for Silvercrest Asset Management Group (NASDAQ:SAMG)

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