SPY421.97-0.14 -0.03%
DIA338.65-2.11 -0.62%
IXIC14,161.35+121.67 0.87%

Insider Trends: Gamco Investors Insider Extends 90-Day Selling Trend

05/11/2021 12:24

04:14 PM EDT, 05/11/2021 (MT Newswires) -- Mario J Gabelli, 10% Owner, Director and Chairman & CEO, on May 10, 2021, sold 6,379 shares in Gamco Investors (GBL) for $148,151. Subsequent to the Form 4 filing with the SEC, Gabelli has control over 2,743,069 shares of company stock of which 8,642 shares are held directly and 2,734,427 are controlled indirectly. These holdings have an approximate market value of $62.2 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 13 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 25,650 company shares by insiders. In the preceding 90-day window of time, there were 16 transactions from 2 insiders that resulted in the net disposition of 157,934 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1060349/000080724921000087/xslF345X03/form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.