Raymond James Financial Inc (RJF): Dennis W Zank , Chief Operating Officer of Raymond James Financial Inc sold 15,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $56.54 per share for a total value of $848,166.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Jeffrey A Dowdle (President, Asset Mgmt Group) sold 4,900 shares at $54.18 per share price.On Feb 12, 2016, Francis S Godbold (Vice Chairman) purchased 18,000 shares at $40.05 per share price.Also, On Feb 8, 2016, Benjamin Esty (director) purchased 1,000 shares at $42.18 per share price.On Dec 16, 2015, Steven M Raney (President & CEO RJBank) sold 5,000 shares at $55.89 per share price.
Shares of Raymond James Financial (RJF) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -1.24 points or -2.19% at $55.34 with 18,16,738 shares getting traded. Post opening the session at $54.59, the shares hit an intraday low of $54.18 and an intraday high of $55.6 and the price vacillated in this range throughout the day. The company has a market cap of $7,832 M and the number of outstanding shares has been calculated to be 14,15,31,600 shares. The 52-week high of Raymond James Financial is $61.82 and the 52-week low is $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.