Strong Buy Activities from Major Players Boost B. Riley Financial’s Stock

Other notable institutional investors and hedge funds also recently increased their stakes in B. Riley Financial. •

Federated Hermes Inc.: increased its holdings in shares of B. Riley Financial by 144.1% during the fourth quarter.
Toronto Dominion Bank: boosted its position in B. Riley Financial by 666,766.7% during the fourth quarter.

Intech Investment Management LLC: bought a new position in shares of B. Riley Financial during the fourth quarter worth approximately $46,000.
Jones Financial Companies Lllp: grew its stake in shares of B. Riley Financial by 1,049.1% during the fourth quarter.
Wells Fargo & Company MN: raised its holdings in shares of B. Riley Financial by 44.8% in the fourth quarter.

B. Riley Financial’s ownership stake has increased
by
12.2%
in the company’s shares during the 1st quarter
according to its most recent 13F filing with the SEC.

The firm owned
93,500 shares of the asset manager’s stock after buying an additional
10,200 shares during the period.
B. Riley Financial’s holdings in the company were worth
$362,000 as of its most recent filing with the SEC.

Wells Fargo & Company MN raised its holdings in shares of B. Riley Financial by 44.8% in the fourth quarter.

Wells Fargo & Company MN now owns 9,543 shares of the asset manager’s stock valued at $44,000 after purchasing an additional 2,952 shares during the last quarter.

“B. Riley Financial’s significant investments in our assets represent a major validation of the quality and value of our team’s work. We are grateful for the trust that B. Riley has placed in us, and we look forward to continuing to serve our clients with the same level of dedication and excellence.” – Eric Jackson, President and CEO of B. Riley Financial.

With an impressive array of institutional investor backing, B. Riley Financial’s stock has seen a significant boost in value.

B. Riley Financial’s ownership stake in its shares has increased by 12.2% during the 1st quarter according to its most recent 13F filing with the SEC.

B. Riley Financial operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
The company provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe.

B. Riley Financial’s fifty day simple moving average is $3.04 and its 200-day simple moving average is $3.87.
The company has a market cap of $98.52 million, a PE ratio of -0.12 and a beta of 1.43.