A-mark Precious Metals, Inc. (AMRK): Thor Gjerdrum , EVP & Chief Operating Officer of A-mark Precious Metals, Inc. sold 5,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $17.83 per share for a total value of $89,137.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 21, 2016, Gregory N Roberts (director officer 10% owner (Chief Executive Offic) sold 2,300 shares at $21.01 per share price.On Apr 19, 2016, Thor Gjerdrum (EVP & Chief Operating Officer) sold 5,000 shares at $20.37 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.
Shares of A-Mark Precious Metals Inc (AMRK) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -1.44 points or -7.79% at $17.05 with 71,294 shares getting traded. Post opening the session at $18.5, the shares hit an intraday low of $16.75 and an intraday high of $18.574 and the price vacillated in this range throughout the day. The company has a market cap of $119 M and the number of outstanding shares has been calculated to be 69,96,964 shares. The 52-week high of A-Mark Precious Metals Inc is $22.065 and the 52-week low is $10.
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.