Today, the EVP & COO of Ladenburg Thalmann Financial (LTS), Adam Scott Malamed, bought shares of LTS for $43.95K.
In addition to Adam Scott Malamed, 2 other LTS executives reported Buy trades in the last month. This recent transaction increases Adam Scott Malamed’s holding in the company by 1.02% to a total of $4.45 million.
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Based on Ladenburg Thalmann Financial’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $355 million and quarterly net profit of $9.56 million. In comparison, last year the company earned revenue of $329 million and had a net profit of $5.46 million. Currently, Ladenburg Thalmann Financial has an average volume of 197.2K.
Starting in April 2018, LTS received 10 Buy ratings in a row.
Adam Scott Malamed’s trades have generated a 38.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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 subsidiaries.
