Diamond Hill Investment Group Inc (DHIL): Roderick H Jr Dillon , director of Diamond Hill Investment Group Inc sold 6,421 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 $180.43 per share for a total value of $1,158,740.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Roderick H Jr Dillon (director) sold 2,223 shares at $180.58 per share price.On May 26, 2016, James F Jr Laird (director) sold 500 shares at $182.00 per share price.Also, On Mar 15, 2016, Thomas Edward Line (Chief Financial Officer) sold 450 shares at $180.00 per share price.On Dec 3, 2015, Christopher M Bingaman (President) sold 2,000 shares at $227.64 per share price.
Diamond Hill Investment Group: On Friday, May 27, 2016 heightened volatility was witnessed in Diamond Hill Investment Group which led to swings in the share price. The shares opened for trading at $179.7633 and hit $181.47 on the upside , eventually ending the session at $181.01, with a gain of 0.42% or 0.76 points. The heightened volatility saw the trading volume jump to 8,718 shares. The 52-week high of the share price is $231.845 and the company has a market cap of $617 M . The 52-week low of the share price is at $140.98.
Diamond Hill Investment Group Inc. provides investment advisory and fund administration services through its subsidiaries Diamond Hill Capital Management Inc. (DHCM) Beacon Hill Fund Services Inc. (BHFS) and BHIL Distributors Inc. (BHIL) (BHFS and BHIL collectively operate as Beacon Hill). The Company’s primary objective is to fulfill its fiduciary duty to clients. DHCM sponsors distributes and provides investment advisory and related services to the United States and foreign clients through Diamond Hill Funds (the Funds) institutional accounts and private investment funds. Beacon Hill provides fund administration and statutory underwriting services to the United States and foreign clients including the Funds. BHFS provides compliance treasury and other fund administration services to investment advisers and mutual funds. BHIL a wholly owned subsidiary of BHFS provides underwriting services to mutual funds.