Associated Capital Group, Inc. (NYSE:AC – Get Rating) major shareholder Gamco Investors, Inc. Et Al purchased 1,000 shares of Associated Capital Group stock in a transaction that occurred on Tuesday, August 23rd. The shares were bought at an average cost of $28.94 per share, with a total value of $28,940.00. Following the completion of the transaction, the insider now directly owns 1,000 shares of the company’s stock, valued at approximately $28,940. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Gamco Investors, Inc. Et Al also recently made the following trade(s):
- On Monday, August 15th, Gamco Investors, Inc. Et Al acquired 300 shares of Associated Capital Group stock. The shares were bought at an average price of $28.54 per share, for a total transaction of $8,562.00.
- On Friday, July 8th, Gamco Investors, Inc. Et Al acquired 500 shares of Associated Capital Group stock. The shares were purchased at an average cost of $26.26 per share, for a total transaction of $13,130.00.
- On Monday, June 27th, Gamco Investors, Inc. Et Al bought 2,000 shares of Associated Capital Group stock. The stock was purchased at an average cost of $25.00 per share, with a total value of $50,000.00.
Associated Capital Group Trading Up 0.1 %
NYSE:AC traded up $0.06 during trading hours on Wednesday, reaching $41.38. The company had a trading volume of 4,795 shares, compared to its average volume of 10,996. The firm’s 50 day moving average price is $38.47 and its 200-day moving average price is $39.05. The firm has a market cap of $910.82 million, a price-to-earnings ratio of -25.66 and a beta of 1.16. Associated Capital Group, Inc. has a 52 week low of $33.69 and a 52 week high of $47.50.
Analyst Ratings Changes
Separately, StockNews.com downgraded Associated Capital Group from a “hold” rating to a “sell” rating in a research report on Thursday, June 2nd.
Institutional Trading of Associated Capital Group
A number of large investors have recently made changes to their positions in AC. State Board of Administration of Florida Retirement System acquired a new position in Associated Capital Group during the 4th quarter valued at approximately $215,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Associated Capital Group during the first quarter valued at about $242,000. Citadel Advisors LLC acquired a new position in shares of Associated Capital Group in the second quarter valued at approximately $218,000. Allspring Global Investments Holdings LLC purchased a new position in Associated Capital Group in the fourth quarter worth approximately $268,000. Finally, Dynamic Advisor Solutions LLC purchased a new position in Associated Capital Group in the second quarter worth approximately $272,000. 9.94% of the stock is currently owned by institutional investors.
About Associated Capital Group
Associated Capital Group, Inc provides investment advisory services in the United States. The company offers alternative investment management and asset management services. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.
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