B. Riley Financial Inc (NASDAQ:RILY) Chairman Bryant R. Riley purchased 38,572 shares of the company’s stock in a transaction on Friday, December 1st. The shares were bought at an average price of $17.89 per share, with a total value of $690,053.08. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

B. Riley Financial Inc (NASDAQ RILY) opened at $18.80 on Thursday. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 3.07. B. Riley Financial Inc has a 12 month low of $13.55 and a 12 month high of $21.30. The company has a market cap of $501.56, a P/E ratio of 11.02 and a beta of 0.98.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Tuesday, November 21st. B. Riley Financial’s payout ratio is 21.19%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Punch & Associates Investment Management Inc. boosted its stake in shares of B. Riley Financial by 91.1% in the second quarter. Punch & Associates Investment Management Inc. now owns 734,673 shares of the asset manager’s stock valued at $13,628,000 after purchasing an additional 350,271 shares during the period. Vanguard Group Inc. boosted its stake in shares of B. Riley Financial by 63.5% in the second quarter. Vanguard Group Inc. now owns 721,906 shares of the asset manager’s stock valued at $13,391,000 after purchasing an additional 280,346 shares during the period. NWQ Investment Management Company LLC boosted its stake in shares of B. Riley Financial by 70.4% in the third quarter. NWQ Investment Management Company LLC now owns 709,864 shares of the asset manager’s stock valued at $12,103,000 after purchasing an additional 293,398 shares during the period. Equitec Proprietary Markets LLC boosted its stake in shares of B. Riley Financial by 4.1% in the third quarter. Equitec Proprietary Markets LLC now owns 533,062 shares of the asset manager’s stock valued at $9,089,000 after purchasing an additional 20,825 shares during the period. Finally, William Blair Investment Management LLC boosted its stake in shares of B. Riley Financial by 10.5% in the second quarter. William Blair Investment Management LLC now owns 384,593 shares of the asset manager’s stock valued at $7,134,000 after purchasing an additional 36,476 shares during the period. 45.81% of the stock is owned by institutional investors and hedge funds.

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About B. Riley Financial

B. Riley Financial, Inc is an independent investment bank. The Company’s segments include capital markets, auction and liquidation, valuation and appraisal, and Principal Investments-United Online. The capital markets segment provides an array of investment banking, corporate finance, research, wealth management, sales and trading services to corporate, institutional and high net worth clients.

Insider Buying and Selling by Quarter for B. Riley Financial (NASDAQ:RILY)

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