Today, a Director at Ladenburg Thalmann Financial, Henry Beinstein, exercised options of Ladenburg Thalmann Financial (NYSE: LTS) for $37.6K. The options were close to expired and Henry Beinstein retained stocks.
Following this transaction Henry Beinstein’s holding in the company was increased by 13.01% to a total of $656.5K. Following Henry Beinstein’s last LTS Buy transaction on June 08, 2017, the stock climbed by 1.4%.
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Based on Ladenburg Thalmann Financial’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $329 million and quarterly net profit of $5.46 million. In comparison, last year the company earned revenue of $290 million and had a GAAP net loss of $3.67 million. Currently, Ladenburg Thalmann Financial has an average volume of 214.1K.
Starting in March 2018, LTS received 4 Buy ratings in a row.
The insider sentiment on Ladenburg Thalmann Financial has been positive according to 55 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Ladenburg Thalmann Financial Services, Inc. is a holding company, which engages in investment banking and research, institutional sales and trading, asset management services, wholesale life insurance brokerage and trust services through its principal subsidiaries.
