Siebert Financial Corp. (NASDAQ:SIEB) major shareholder Kennedy Cabot Acquisition, Llc sold 70,000 shares of Siebert Financial stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $5.04, for a total value of $352,800.00. Following the completion of the transaction, the insider now owns 12,917,283 shares of the company’s stock, valued at approximately $65,103,106.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Siebert Financial Corp. (NASDAQ:SIEB) opened at $9.00 on Thursday. Siebert Financial Corp. has a 52 week low of $2.16 and a 52 week high of $21.61. The firm has a market capitalization of $240.61, a PE ratio of 147.67 and a beta of -1.09.
Siebert Financial (NASDAQ:SIEB) last posted its quarterly earnings data on Thursday, November 9th. The financial services provider reported $0.05 EPS for the quarter. Siebert Financial had a positive return on equity of 36.34% and a negative net margin of 15.93%. The company had revenue of $3.09 million during the quarter.
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Siebert Financial Company Profile
Siebert Financial Corp. is a holding company that conducts retail discount brokerage business through its subsidiary, Muriel Siebert & Co, Inc (Siebert). The Company’s Siebert’s principal activity is providing online and traditional brokerage and related services to retail investors. It is also an investment advisor through a subsidiary, Siebert Investment Advisors, Inc (SIA).
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