Gamco Investors, Inc. Et Al Acquires 5,000 Shares of Associated Capital Group, Inc. (NYSE:AC) Stock

Associated Capital Group, Inc. (NYSE:ACGet Rating) major shareholder Gamco Investors, Inc. Et Al bought 5,000 shares of Associated Capital Group stock in a transaction on Wednesday, April 20th. The shares were purchased at an average cost of $28.02 per share, with a total value of $140,100.00. Following the acquisition, the insider now directly owns 5,000 shares of the company’s stock, valued at $140,100. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Gamco Investors, Inc. Et Al also recently made the following trade(s):

  • On Tuesday, April 12th, Gamco Investors, Inc. Et Al purchased 5,000 shares of Associated Capital Group stock. The stock was bought at an average price of $27.12 per share, with a total value of $135,600.00.
  • On Wednesday, April 6th, Gamco Investors, Inc. Et Al acquired 500 shares of Associated Capital Group stock. The stock was acquired at an average price of $28.70 per share, with a total value of $14,350.00.
  • On Thursday, March 31st, Gamco Investors, Inc. Et Al purchased 2,000 shares of Associated Capital Group stock. The shares were purchased at an average price of $28.98 per share, with a total value of $57,960.00.
  • On Tuesday, March 15th, Gamco Investors, Inc. Et Al purchased 5,000 shares of Associated Capital Group stock. The shares were purchased at an average price of $26.75 per share, with a total value of $133,750.00.

Shares of AC stock opened at $39.76 on Friday. Associated Capital Group, Inc. has a 1 year low of $34.46 and a 1 year high of $47.50. The stock’s 50-day moving average is $39.61 and its two-hundred day moving average is $40.55. The firm has a market cap of $876.75 million, a price-to-earnings ratio of 14.89 and a beta of 1.19.

Associated Capital Group (NYSE:ACGet Rating) last released its quarterly earnings results on Thursday, February 3rd. The financial services provider reported $0.43 earnings per share (EPS) for the quarter. Associated Capital Group had a return on equity of 6.37% and a net margin of 282.94%.

Institutional investors have recently modified their holdings of the stock. Barclays PLC raised its position in shares of Associated Capital Group by 205.7% during the 3rd quarter. Barclays PLC now owns 703 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 473 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in Associated Capital Group in the 1st quarter valued at $52,000. BNP Paribas Arbitrage SA grew its stake in shares of Associated Capital Group by 278.8% during the 4th quarter. BNP Paribas Arbitrage SA now owns 1,750 shares of the financial services provider’s stock valued at $75,000 after buying an additional 1,288 shares during the period. Bank of America Corp DE grew its stake in shares of Associated Capital Group by 27.2% during the 4th quarter. Bank of America Corp DE now owns 2,756 shares of the financial services provider’s stock valued at $119,000 after buying an additional 590 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Associated Capital Group by 107.5% during the 4th quarter. JPMorgan Chase & Co. now owns 2,805 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 1,453 shares during the period. Hedge funds and other institutional investors own 9.90% of the company’s stock.

Separately, StockNews.com initiated coverage on Associated Capital Group in a research note on Tuesday. They issued a “hold” rating on the stock.

Associated Capital Group Company Profile (Get Rating)

Associated Capital Group, Inc provides investment advisory services in the United States. The company offers alternative investment management and asset management services. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.

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Insider Buying and Selling by Quarter for Associated Capital Group (NYSE:AC)

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