Silvercrest Asset Management Group (SAMG) Earns News Sentiment Score of 0.47
News stories about Silvercrest Asset Management Group (NASDAQ:SAMG) have trended positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silvercrest Asset Management Group earned a media sentiment score of 0.47 on Accern’s scale. Accern also assigned media stories about the asset manager an impact score of 45.9726863751994 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Silvercrest Asset Management Group (NASDAQ:SAMG) traded down $0.05 during trading on Friday, hitting $15.20. The stock had a trading volume of 5,800 shares, compared to its average volume of 10,629. The stock has a market capitalization of $200.65, a PE ratio of 17.27 and a beta of 1.34. Silvercrest Asset Management Group has a 1-year low of $11.85 and a 1-year high of $16.80.
Silvercrest Asset Management Group (NASDAQ:SAMG) last posted its quarterly earnings data on Wednesday, November 1st. The asset manager reported $0.24 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.24. The business had revenue of $22.85 million during the quarter. Silvercrest Asset Management Group had a return on equity of 17.71% and a net margin of 7.61%.
In related news, major shareholder Marital Trust Under Article 7T sold 31,800 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $14.81, for a total transaction of $470,958.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brian D. Dunn purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The shares were purchased at an average price of $13.28 per share, with a total value of $66,400.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $66,400. The disclosure for this purchase can be found here. Insiders sold 67,750 shares of company stock valued at $999,322 over the last 90 days. Company insiders own 9.56% of the company’s stock.
About Silvercrest Asset Management Group
Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.
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