Insider Buying: B. Riley Financial Inc (RILY) Chairman Purchases $690,053.08 in Stock
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%.
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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.
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