The EVP & COO of Ladenburg Thalmann Financial (LTS) is Buying Shares


Today, the EVP & COO of Ladenburg Thalmann Financial (LTS), Adam Scott Malamed, bought shares of LTS for $52.05K.

In addition to Adam Scott Malamed, 6 other LTS executives reported Buy trades in the last month. This recent transaction increases Adam Scott Malamed’s holding in the company by 1% to a total of $5.34 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 273.2K.

Starting in May 2018, LTS received 9 Buy ratings in a row.

The insider sentiment on Ladenburg Thalmann Financial has been positive according to 68 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 subsidiaries.

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