GAIN Capital Holdings, Inc. (GCAP) Director Sells $35,000.00 in Stock

GAIN Capital Holdings, Inc. (NYSE:GCAP) Director Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock in a transaction on Friday, October 27th. The shares were sold at an average price of $7.00, for a total value of $35,000.00. Following the completion of the sale, the director now directly owns 23,278 shares of the company’s stock, valued at approximately $162,946. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Christopher Warren Calhoun also recently made the following trade(s):

  • On Monday, August 14th, Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock. The shares were sold at an average price of $6.87, for a total value of $34,350.00.
  • On Monday, August 7th, Christopher Warren Calhoun sold 15,000 shares of GAIN Capital Holdings stock. The shares were sold at an average price of $7.00, for a total value of $105,000.00.

GAIN Capital Holdings (NYSE:GCAP) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.06. The company had revenue of $81.30 million during the quarter, compared to analyst estimates of $79.86 million. GAIN Capital Holdings had a return on equity of 5.63% and a net margin of 3.72%. The company’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.11) earnings per share.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Monday, December 11th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, December 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.27%. GAIN Capital Holdings’s payout ratio is currently 80.00%.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.com-unik.info/2017/11/03/gain-capital-holdings-inc-gcap-director-sells-35000-00-in-stock.html.

Several hedge funds and other institutional investors have recently bought and sold shares of GCAP. Principal Financial Group Inc. acquired a new position in shares of GAIN Capital Holdings in the second quarter worth $119,000. Martingale Asset Management L P increased its stake in shares of GAIN Capital Holdings by 52.2% in the second quarter. Martingale Asset Management L P now owns 23,020 shares of the financial services provider’s stock worth $144,000 after acquiring an additional 7,900 shares during the last quarter. Alpine Woods Capital Investors LLC acquired a new position in shares of GAIN Capital Holdings in the second quarter worth $155,000. Voya Investment Management LLC increased its stake in shares of GAIN Capital Holdings by 17.1% in the second quarter. Voya Investment Management LLC now owns 25,712 shares of the financial services provider’s stock worth $160,000 after acquiring an additional 3,755 shares during the last quarter. Finally, American International Group Inc. increased its stake in shares of GAIN Capital Holdings by 7.0% in the first quarter. American International Group Inc. now owns 22,956 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 1,511 shares during the last quarter. 53.26% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently commented on GCAP. TheStreet downgraded GAIN Capital Holdings from a “b-” rating to a “c” rating in a research report on Thursday, October 26th. Zacks Investment Research downgraded GAIN Capital Holdings from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. BidaskClub downgraded GAIN Capital Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $7.00 price objective on shares of GAIN Capital Holdings in a research report on Friday, October 6th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $8.50 price objective (down previously from $9.00) on shares of GAIN Capital Holdings in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. GAIN Capital Holdings has an average rating of “Hold” and an average target price of $7.58.

GAIN Capital Holdings Company Profile

GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

Insider Buying and Selling by Quarter for GAIN Capital Holdings (NYSE:GCAP)

What are top analysts saying about GAIN Capital Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for GAIN Capital Holdings Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit