Today, the CEO, President & Chairman of Ladenburg Thalmann Financial (NYSE: LTS), Richard Lampen, bought shares of LTS for $126K.
This recent transaction increases Richard Lampen’s holding in the company by 2.06% to a total of $6.26 million.
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Based on Ladenburg Thalmann Financial’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $358 million and quarterly net profit of $9.3 million. In comparison, last year the company earned revenue of $312 million and had a net profit of $1.33 million. Currently, Ladenburg Thalmann Financial has an average volume of 1.44M.
Starting in March 2018, LTS received 7 Buy ratings in a row.
The insider sentiment on Ladenburg Thalmann Financial has been positive according to 59 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.
