Press coverage about Silvercrest Asset Management Group (NASDAQ:SAMG) has been trending positive on Monday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silvercrest Asset Management Group earned a news sentiment score of 0.43 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 45.9218177046222 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Silvercrest Asset Management Group (NASDAQ SAMG) traded down $0.55 during midday trading on Monday, reaching $14.40. 10,400 shares of the company traded hands, compared to its average volume of 9,100. Silvercrest Asset Management Group has a fifty-two week low of $11.85 and a fifty-two week high of $16.80. The firm has a market capitalization of $190.09, a price-to-earnings ratio of 17.56 and a beta of 1.29.
Silvercrest Asset Management Group (NASDAQ:SAMG) last announced its quarterly earnings data on Wednesday, November 1st. The asset manager reported $0.24 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.24. Silvercrest Asset Management Group had a net margin of 7.61% and a return on equity of 17.71%. The business had revenue of $22.85 million for the quarter.
In related news, major shareholder Marital Trust Under Article 7T sold 18,300 shares of the stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $14.53, for a total value of $265,899.00. Following the transaction, the insider now directly owns 927,003 shares in the company, valued at $13,469,353.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 67,750 shares of company stock worth $999,322 over the last 90 days. 9.56% of the stock is currently owned by company insiders.
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Silvercrest Asset Management Group Company Profile
Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.
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