B. Riley Financial, Inc. (RILY): Daniel Asher , 10% owner of B. Riley Financial, Inc. purchased 95,410 shares on Jul 5, 2016. The Insider buying transaction was reported by the company on Jul 15, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.05 per share for a total value of $867,955.38 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 12, 2016, Daniel Asher (10% owner) purchased 11,791 shares at $8.85 per share price.
B. Riley Financial Inc. formerly Great American Group Inc. is an investment bank with offices in Los Angeles Orange County San Francisco and New York. The Company is a provider of asset disposition valuation and appraisal services to a wide range of retail wholesale and industrial clients as well as lenders capital providers private equity investors and professional service firms throughout the United States Canada and Europe. The Company operates in three segments. The capital markets segment provides investment banking corporate finance research sales and trading services to corporate institutional and high net worth clients. The divisions in the auction and liquidation segment provide clients with capital advisory and financing services. The valuation and appraisal services segment provides its clients with independent appraisals in connection with asset based loans acquisitions divestitures and other business needs.