A-mark Precious Metals, Inc. (AMRK): Thor Gjerdrum , EVP & Chief Operating Officer of A-mark Precious Metals, Inc. sold 5,000 shares on Apr 18, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $20.37 per share for a total value of $101,860.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Gregory N Roberts (director officer 10% owner (Chief Executive Offic) sold 2,300 shares at $20.37 per share price.On Mar 15, 2016, Thor Gjerdrum (EVP & Chief Operating Officer) sold 5,000 shares at $20.01 per share price.Also, On Dec 9, 2015, Carol Meltzer (General Counsel) sold 1,000 shares at $15.65 per share price.On Dec 9, 2015, William Montgomery (director) sold 9,320 shares at $15.25 per share price.
A-Mark Precious Metals Inc: On Monday, Apr 18, 2016 heightened volatility was witnessed in A-Mark Precious Metals Inc which led to swings in the share price. The shares opened for trading at $20.15 and hit $20.7016 on the upside , eventually ending the session at $20.36, with a gain of 0.30% or 0.06 points. The heightened volatility saw the trading volume jump to 27,370 shares. The 52-week high of the share price is $22.065 and the company has a market cap of $142 M . The 52-week low of the share price is at $10.
Currently the company Insiders own 44.9% of A-Mark Precious Metals Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -20.69%.Institutional Investors own 16.54% of A-Mark Precious Metals Inc shares.During last six month period, the net percent change held by insiders has seen a change of -41.11%.
A-Mark Precious Metals Inc. is a precious metals trading company. The Company is a wholesaler of gold silver platinum and palladium bullion and related products including bars wafers grain and coins. The Company also distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers secure storage for bullion and offers complementary products such as consignment customized finance and liquidity programs such as Repo accounts and trade quotes in a range of foreign currencies. The Company’s business units include industrial coin and bar trading finance Collateral Finance Corporation (CFC) Transcontinental Depository Services LLC (TDS) and A-Mark Global Logistics LLC (Logistics). Its customers include mints manufacturers and fabricators refiners coin and bullion dealers e-commerce retailers banks and other financial institutions investors and collectors among others.