David Sakhai Sells 252,828 Shares of FXCM Inc. (GLBR) Stock

FXCM Inc. (NASDAQ:GLBR) COO David Sakhai sold 252,828 shares of FXCM stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $0.50, for a total value of $126,414.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

David Sakhai also recently made the following trade(s):

  • On Monday, November 27th, David Sakhai sold 174,610 shares of FXCM stock. The stock was sold at an average price of $0.63, for a total value of $110,004.30.

FXCM Inc. (NASDAQ GLBR) opened at $0.33 on Wednesday. FXCM Inc. has a 52 week low of $0.28 and a 52 week high of $9.80.

A hedge fund recently bought a new stake in FXCM stock. Renaissance Technologies LLC bought a new stake in FXCM Inc. (NASDAQ:GLBR) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 266,730 shares of the financial services provider’s stock, valued at approximately $720,000. Renaissance Technologies LLC owned 4.34% of FXCM as of its most recent SEC filing. 23.00% of the stock is currently owned by institutional investors.

Separately, ValuEngine upgraded FXCM from a “strong sell” rating to a “sell” rating in a research note on Friday, December 1st.

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About FXCM

Global brokerage, Inc, formerly FXCM Inc (FXCM), is engaged in providing online foreign exchange (FX) trading, contract for difference (CFD) trading, spread betting and related services. The Company owns over 50% of FXCM Group, LLC (FXCM Group). FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty.

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