Associated Capital Group, Inc. (NYSE:AC - Get Free Report) major shareholder Gamco Investors, Inc. Et Al sold 500 shares of the company's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $41.78, for a total value of $20,890.00. Following the transaction, the insider now directly owns 500 shares of the company's stock, valued at $20,890. This represents a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Gamco Investors, Inc. Et Al also recently made the following trade(s):
- On Friday, November 22nd, Gamco Investors, Inc. Et Al acquired 300 shares of Associated Capital Group stock. The shares were purchased at an average cost of $41.50 per share, with a total value of $12,450.00.
- On Tuesday, November 19th, Gamco Investors, Inc. Et Al sold 200 shares of Associated Capital Group stock. The stock was sold at an average price of $40.50, for a total value of $8,100.00.
- On Thursday, September 19th, Gamco Investors, Inc. Et Al sold 200 shares of Associated Capital Group stock. The stock was sold at an average price of $38.71, for a total value of $7,742.00.
Associated Capital Group Stock Performance
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
From Crypto Swap Profits | Ad
Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days.
It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year.
This is where fortunes are made – often LITERALLY overnight.
>> Register for the Workshop Now
AC opened at $34.97 on Thursday. Associated Capital Group, Inc. has a 52-week low of $28.58 and a 52-week high of $43.85. The firm has a market capitalization of $742.66 million, a PE ratio of 13.30 and a beta of 0.87. The business's 50-day simple moving average is $36.43 and its 200 day simple moving average is $34.32.
Associated Capital Group Announces Dividend
The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 0.6%. Associated Capital Group's payout ratio is presently 7.60%.
Institutional Trading of Associated Capital Group
Several institutional investors and hedge funds have recently bought and sold shares of AC. OFI Invest Asset Management bought a new stake in Associated Capital Group in the second quarter valued at approximately $1,244,000. Quent Capital LLC bought a new stake in Associated Capital Group in the third quarter valued at approximately $240,000. Geode Capital Management LLC raised its stake in Associated Capital Group by 28.4% in the third quarter. Geode Capital Management LLC now owns 21,914 shares of the financial services provider's stock valued at $776,000 after buying an additional 4,841 shares during the period. Renaissance Technologies LLC raised its stake in Associated Capital Group by 3.3% in the second quarter. Renaissance Technologies LLC now owns 24,700 shares of the financial services provider's stock valued at $840,000 after buying an additional 800 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Associated Capital Group by 2.4% in the third quarter. Dynamic Advisor Solutions LLC now owns 12,675 shares of the financial services provider's stock valued at $449,000 after purchasing an additional 298 shares during the last quarter. Institutional investors own 8.14% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Associated Capital Group from a "hold" rating to a "buy" rating in a research report on Thursday.
Read Our Latest Report on Associated Capital Group
About Associated Capital Group
(
Get Free Report)
Associated Capital Group, Inc, together with its subsidiaries, provides investment advisory services in the United States. The company offers alternative investment management services; and operates a direct investment business. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
