Silvercrest Asset Management Group Inc (SAMG) Director Sells $72,385.25 in Stock

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

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

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

Shares of SAMG stock opened at $15.40 on Monday. Silvercrest Asset Management Group Inc has a 1 year low of $11.85 and a 1 year high of $16.80. The firm has a market cap of $203.30, a PE ratio of 16.21 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, beating analysts’ consensus estimates of $0.23 by $0.03. Silvercrest Asset Management Group had a net margin of 5.84% and a return on equity of 18.75%. The firm had revenue of $24.47 million during the quarter.

Several hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp grew its position in shares of Silvercrest Asset Management Group by 12.8% during the 4th quarter. Bank of New York Mellon Corp now owns 36,210 shares of the asset manager’s stock valued at $581,000 after acquiring an additional 4,098 shares during the period. BlackRock Inc. lifted its stake in shares of Silvercrest Asset Management Group by 1.9% during the 4th quarter. BlackRock Inc. now owns 344,321 shares of the asset manager’s stock valued at $5,526,000 after buying an additional 6,419 shares in the last quarter. Cadence Capital Management LLC lifted its stake in shares of Silvercrest Asset Management Group by 6.7% during the 4th quarter. Cadence Capital Management LLC now owns 110,158 shares of the asset manager’s stock valued at $1,768,000 after buying an additional 6,947 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Silvercrest Asset Management Group by 14.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 66,688 shares of the asset manager’s stock valued at $970,000 after buying an additional 8,316 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Silvercrest Asset Management Group by 13.1% during the 2nd quarter. State Street Corp now owns 80,820 shares of the asset manager’s stock valued at $1,086,000 after buying an additional 9,354 shares in the last quarter. 46.48% of the stock is owned by hedge funds and other institutional investors.

Separately, Sandler O’Neill reissued 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.

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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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