Raymond James Financial Inc (RJF): Jeffrey A Dowdle , President, Asset Mgmt Group of Raymond James Financial Inc sold 4,900 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $54.18 per share for a total value of $265,482.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 12, 2016, Francis S Godbold (Vice Chairman) purchased 18,000 shares at $40.05 per share price.On Feb 8, 2016, Benjamin Esty (director) purchased 1,000 shares at $42.18 per share price.Also, On Dec 16, 2015, Steven M Raney (President & CEO RJBank) sold 5,000 shares at $55.89 per share price.On Dec 11, 2015, Jeffrey E Trocin (Executive Vice President – RJF) sold 1,100 shares at $59.11 per share price.
Raymond James Financial: On Friday, May 27, 2016 heightened volatility was witnessed in Raymond James Financial which led to swings in the share price. The shares opened for trading at $54.42 and hit $55.39 on the upside , eventually ending the session at $55.39, with a gain of 1.67% or 0.91 points. The heightened volatility saw the trading volume jump to 9,77,459 shares. The 52-week high of the share price is $61.82 and the company has a market cap of $7,839 M . The 52-week low of the share price is at $39.84.
Raymond James Financial Inc. is a financial services company providing private client capital markets asset management banking and other services to individuals corporations and municipalities. The Company operates in five reportable segments: Private Client Group; Capital Markets; Asset Management; RJ Bank and the Other Segment. Private Client Group offers securities transaction and financial planning services. Capital Markets consist of equity fixed income products and services. Asset Management offers investment advisory services for individual and institutional investment portfolios along with mutual funds. RJ Bank provides corporate SBL and residential loans as well as FDIC insured deposit accounts to clients of broker-dealer subsidiaries and to general public. Other Segment includes principal capital and private equity activities corporate overhead costs of Raymond James Financial such as interest cost on public debt and the acquisition and integration costs.