The CEO, President & Chairman of Ladenburg Thalmann Financial (NYSE MKT: LTS) is Buying Shares

By Carrie Williams

Today, the CEO, President & Chairman of Ladenburg Thalmann Financial (LTSResearch Report), Richard Lampen, bought shares of LTS for $33.3K.

In addition to Richard Lampen, 3 other LTS executives reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Based on Ladenburg Thalmann Financial’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $335 million and quarterly net profit of $3.43 million. In comparison, last year the company earned revenue of $329 million and had a net profit of $5.46 million. Currently, Ladenburg Thalmann Financial has an average volume of 239K.

Starting in August 2018, LTS received 9 Buy ratings in a row.

The insider sentiment on Ladenburg Thalmann Financial has been positive according to 75 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Ladenburg Thalmann Financial Services, Inc. is a holding company, which engages in investment banking and research, institutional sales and trading, asset management services, wholesale life insurance brokerage, and trust services through its subsidiaries.