Inside Trade: #Bryant Riley Made a #Purchase of 221,181 #Shares of B. Riley #Financial, Inc.

Bryant Riley, Chairman and CEO of B. Riley Financial Inc is the insider, we want to tell you for. Mr. Bryant submitted a legal document with the U.S. Security and Exchange Commission informing the public of a transaction for 221,181 shares of the public company, the one he is an insider in. At the time of the buying trade, the average share price of B. Riley Financial Inc was $18.3, making the stock block worth $4.04 million U.S Dollars . He also acquired 7,200 shares worth $134,280 USD in the last 30 days. Now, Bryant Riley owns 4.56 million shares which are equivalent to roughly 17.11 % of the Company’s total market capitalization.

The stock increased 3.17% or $0.61 during the last trading session, reaching $19.85. About 102,623 shares traded or 81.36% up from the average. B. Riley Financial, Inc. (NASDAQ:RILY) has risen 43.98% since March 20, 2017 and is uptrending. It has outperformed by 27.28% the S&P500.

B. Riley Financial, Inc. provides financial services and solutions primarily in the United States and Europe. The company has market cap of $528.69 million. The firm operates in four divisions: Capital Markets, Auction and Liquidation, Valuation and Appraisal, and Principal Investments. It has a 41.35 P/E ratio. It offers merger and acquisitions, restructuring advisory, initial and secondary public offerings, institutional private placements, corporate finance, and research services, as well as equity securities trading services to corporate, institutional, and high net worth individual clients.

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