Raymond James Financial Inc. purchased a new stake in PhenixFIN Co. (NYSE:PFX - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 19,598 shares of the company's stock, valued at approximately $992,000. Raymond James Financial Inc. owned 0.97% of PhenixFIN at the end of the most recent reporting period.
Separately, AlphaCentric Advisors LLC acquired a new stake in PhenixFIN in the fourth quarter worth $507,000. Institutional investors own 43.35% of the company's stock.
Insider Buying and Selling at PhenixFIN
In related news, CEO David A. Lorber purchased 1,000 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were purchased at an average price of $53.92 per share, with a total value of $53,920.00. Following the completion of the purchase, the chief executive officer now owns 142,145 shares in the company, valued at $7,664,458.40. This represents a 0.71 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders acquired 2,600 shares of company stock valued at $137,681. Company insiders own 24.40% of the company's stock.
PhenixFIN Trading Up 0.0 %
Shares of PFX stock traded up $0.02 on Friday, hitting $49.02. The stock had a trading volume of 2,880 shares, compared to its average volume of 1,859. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.87. PhenixFIN Co. has a twelve month low of $43.95 and a twelve month high of $57.40. The company has a fifty day moving average price of $51.59 and a two-hundred day moving average price of $49.88. The firm has a market cap of $99.01 million, a P/E ratio of 6.01 and a beta of 0.37.
About PhenixFIN
(
Free Report)
PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.
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