What Did This CEO Just Do with Personal Shares of Diamond Hill Investment Group (NASDAQ: DHIL)?

By Carrie Williams

Today, the CEO of Diamond Hill Investment Group (NASDAQ: DHIL), Christopher Bingaman, sold shares of DHIL for $271K.

Following Christopher Bingaman’s last DHIL Sell transaction on January 04, 2016, the stock climbed by 36.1%. In addition to Christopher Bingaman, 3 other DHIL executives reported Sell trades in the last month.

Based on Diamond Hill Investment Group’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $32.94 million and quarterly net profit of $13.43 million. In comparison, last year the company earned revenue of $31.42 million and had a net profit of $6.73 million. The company has a one year high of $217.86 and a one year low of $136.99. DHIL’s market cap is $713.7M and the company has a P/E ratio of 16.19.

The insider sentiment on Diamond Hill Investment Group has been negative according to 34 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Diamond Hill Investment Group, Inc. engages in the provision of investment management and administration services. It offers equities, fixed income, mutual funds, and corporate credits. The company was founded in 2000 and is headquartered in Columbus, OH.