Brilliant Earth Group, Inc. (NASDAQ:BRLT - Get Free Report) insider Sharon Dziesietnik sold 5,324 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $1.96, for a total value of $10,435.04. Following the sale, the insider now directly owns 392,121 shares of the company's stock, valued at approximately $768,557.16. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Brilliant Earth Group Stock Up 4.1 %
BRLT stock opened at $2.04 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.80 and a quick ratio of 2.27. The stock has a market capitalization of $201.04 million, a P/E ratio of 68.02 and a beta of 1.68. Brilliant Earth Group, Inc. has a fifty-two week low of $1.52 and a fifty-two week high of $3.81. The business has a 50-day moving average of $1.79 and a 200-day moving average of $2.05.
Analysts Set New Price Targets
Separately, Telsey Advisory Group reiterated an "outperform" rating and issued a $3.00 price target on shares of Brilliant Earth Group in a report on Friday, November 1st.
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Hedge Funds Weigh In On Brilliant Earth Group
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Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in shares of Brilliant Earth Group by 9.2% during the 2nd quarter. Renaissance Technologies LLC now owns 118,200 shares of the company's stock worth $262,000 after buying an additional 10,000 shares during the last quarter. Privium Fund Management UK Ltd bought a new stake in Brilliant Earth Group during the second quarter worth about $28,000. Finally, Orion Capital Management LLC boosted its position in Brilliant Earth Group by 166.0% during the third quarter. Orion Capital Management LLC now owns 13,300 shares of the company's stock valued at $28,000 after purchasing an additional 8,300 shares during the last quarter. Institutional investors and hedge funds own 70.41% of the company's stock.
About Brilliant Earth Group
(
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Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company's product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.
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