Fbr & Co. (FBRC): Mark Robert Patterson , director of Fbr & Co. purchased 5,000 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.70 per share for a total value of $93,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 19, 2016, Richard J Hendrix (CEO) purchased 2,500 shares at $15.87 per share price.On Sep 17, 2015, William Frederick Strome (director) purchased 6,498 shares at $22.19 per share price.Also, On Aug 11, 2015, Bradley J. Wright (EVP and CFO) sold 6,000 shares at $23.03 per share price.On Aug 4, 2015, Michael A Lloyd (Executive Vice President) purchased 1,000 shares at $23.50 per share price.
Shares of FBR & Co (FBRC) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.35 points or -1.82% at $18.9 with 49,874 shares getting traded. Post opening the session at $19.17, the shares hit an intraday low of $18.6 and an intraday high of $19.27 and the price vacillated in this range throughout the day. The company has a market cap of $138 M and the number of outstanding shares has been calculated to be 73,10,439 shares. The 52-week high of FBR & Co is $25.07 and the 52-week low is $15.51.
FBR & Co. is an investment banking and institutional brokerage firm. The Company focuses its business on providing: capital raising services including underwriting and placement of public and private equity equity-linked and debt securities; financial advisory services including merger and acquisition (M&A) advisory restructuring liability management recapitalization and strategic alternative analysis; institutional sales and trading services focused on equities equity-linked securities listed options high-yield bonds senior debt and bank loans securities lending activities and differentiated securities research. It operates in two segments: capital markets and principal investing. The capital markets business is conducted by its investment banking institutional brokerage and research professionals. The principal investing activity consists of investments in non-registered investment funds merchant banking and equity investments and corporate debt investments.