A-Mark Precious Metals Inc (AMRK) CEO Gregory N. Roberts Sells 1,600 Shares of Stock

A-Mark Precious Metals Inc (NASDAQ:AMRK) CEO Gregory N. Roberts sold 1,600 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $10.92, for a total transaction of $17,472.00. Following the completion of the transaction, the chief executive officer now owns 18,800 shares in the company, valued at approximately $205,296. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of A-Mark Precious Metals Inc (AMRK) traded up $0.27 during midday trading on Friday, hitting $11.07. 14,890 shares of the stock were exchanged, compared to its average volume of 16,981. The firm has a market cap of $77.13, a PE ratio of 29.19 and a beta of -0.09. A-Mark Precious Metals Inc has a twelve month low of $10.39 and a twelve month high of $20.00. The company has a quick ratio of 0.34, a current ratio of 1.09 and a debt-to-equity ratio of 0.09.

A-Mark Precious Metals (NASDAQ:AMRK) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.49 billion. A-Mark Precious Metals had a net margin of 0.04% and a return on equity of 4.06%. equities analysts forecast that A-Mark Precious Metals Inc will post 0.19 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 13th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, February 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.89%. A-Mark Precious Metals’s payout ratio is 86.49%.

Several hedge funds and other institutional investors have recently modified their holdings of AMRK. Dimensional Fund Advisors LP lifted its position in shares of A-Mark Precious Metals by 7.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 290,043 shares of the company’s stock valued at $4,789,000 after buying an additional 20,349 shares in the last quarter. Shufro Rose & Co. LLC lifted its position in shares of A-Mark Precious Metals by 2.7% during the 3rd quarter. Shufro Rose & Co. LLC now owns 221,550 shares of the company’s stock valued at $3,658,000 after buying an additional 5,800 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of A-Mark Precious Metals by 1,110,000.0% during the 2nd quarter. Wells Fargo & Company MN now owns 11,101 shares of the company’s stock valued at $182,000 after buying an additional 11,100 shares in the last quarter. Wedbush Securities Inc. lifted its position in shares of A-Mark Precious Metals by 51.0% during the 4th quarter. Wedbush Securities Inc. now owns 38,746 shares of the company’s stock valued at $568,000 after buying an additional 13,080 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of A-Mark Precious Metals by 5.9% during the 2nd quarter. Northern Trust Corp now owns 34,386 shares of the company’s stock valued at $564,000 after buying an additional 1,902 shares in the last quarter. 20.17% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently commented on AMRK shares. B. Riley reaffirmed a “hold” rating and set a $19.00 price objective on shares of A-Mark Precious Metals in a research note on Monday, November 13th. Zacks Investment Research raised shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research note on Tuesday, November 14th. dropped their price objective on shares of A-Mark Precious Metals from $19.00 to $17.50 and set a “neutral” rating on the stock in a research note on Wednesday, November 15th. Finally, ValuEngine cut shares of A-Mark Precious Metals from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $17.95.

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About A-Mark Precious Metals

A-Mark Precious Metals, Inc is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies.

Insider Buying and Selling by Quarter for A-Mark Precious Metals (NASDAQ:AMRK)

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