Associated Capital Group, Inc. (AC) Files Form 4 Insider Buying : Holdings Llc Ggcp Buys 1,851 Shares

Associated Capital Group, Inc. (AC): Holdings Llc Ggcp , CEO of Associated Capital Group, Inc. purchased 1,851 shares on Jun 13, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $28.49 per share for a total value of $52,726.29 , the company said in a SEC Form 4 Filing.

Associated Capital Group Inc. formerly Gabelli Securities Group Inc. is a holding company. The Company has interest in Gabelli Securities Inc. (GSI). It operates through investment advisory and asset management business segment. It conducts its investment advisory business through GSI. GSI and its subsidiary Gabelli & Partners LLC (Gabelli & Partners) serve as general partners or investment managers to investment funds including limited partnerships and offshore companies and separate accounts. Its investment objective is to earn a superior risk-adjusted return over the long-term through its fundamental research. It operates its institutional research services business through G.research LLC a subsidiary of GSI. Through G.research it also acts as an underwriter. Its investment portfolio to provide seed capital in introducing new products expand its geographic presence develop new markets and pursue strategic acquisitions alliances and lift-outs.

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