B. Riley Financial Inc (NASDAQ: RILY) is 17.65% higher on its value in year-to-date trading and has touched a low of $2.73 and a high of $40.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RILY stock was last observed hovering at around $6.39 in the last trading session, with the day’s loss setting it -0.99%.
Currently trading at $5.40, the stock is 19.09% and 16.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.41 million and changing -15.43% at the moment leaves the stock -46.21% off its SMA200. RILY registered -71.65% loss for a year compared to 6-month loss of 0.00%.
The stock witnessed a 15.88% gain in the last 1 month and extending the period to 3 months gives it a -7.69%, and is 18.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 31.26% over the week and 17.52% over the month.
B. Riley Financial Inc (RILY) has around 2383 employees, a market worth around $164.68M and $1.04B in sales. Profit margin for the company is -81.23%. Distance from 52-week low is 97.73% and -86.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.90%).
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B. Riley Financial Inc (RILY) Top Institutional Holders
The shares outstanding are 30.50M, and float is at 15.76M with Short Float at 56.40%.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.81 million shares valued at $49.49 million. The investor’s holdings represent 9.3547% of the RILY Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 1.59 million shares valued at $28.02 million to account for 5.2968 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.27 million shares representing 4.2263% and valued at over $22.36 million, while NOMURA HOLDINGS INC holds 3.1057 of the shares totaling 0.93 million with a market value of $16.43 million.
B. Riley Financial Inc (RILY) Insider Activity
A total of 0 insider transactions have happened at B. Riley Financial Inc (RILY) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by B. Riley Financial, Inc., the company’s 10% Owner. SEC filings show that B. Riley Financial, Inc. sold 32,678 shares of the company’s common stock on Aug 26 ’24 at a price of $12.84 per share for a total of $0.42 million. Following the sale, the insider now owns 0.99 million shares.
B. Riley Financial Inc disclosed in a document filed with the SEC on Aug 27 ’24 that B. Riley Financial, Inc. (10% Owner) sold a total of 13,525 shares of the company’s common stock. The trade occurred on Aug 27 ’24 and was made at $12.82 per share for $0.17 million. Following the transaction, the insider now directly holds 0.98 million shares of the RILY stock.
Still, SEC filings show that on Aug 23 ’24, B. Riley Financial, Inc. (10% Owner) disposed off 9,819 shares at an average price of $12.82 for $0.13 million. The insider now directly holds 1,026,712 shares of B. Riley Financial Inc (RILY).
B. Riley Financial Inc (RILY): Who are the competitors?
The company’s main competitors (and peers) include Zillow Group Inc. Cl A (ZG) that is trading 30.11% up over the past 12 months. LogicMark Inc. (LGMK) that is -99.32% lower over the same period.
