Reasons for Adam Malamed’s Share Acquisition of Ladenburg Thalmann Financial Services Inc. (NYSEAMERICAN:LTS)’s Stock; Ecc International Has 1.29 Sentiment

Ladenburg Thalmann Financial Services Inc. (NYSEAMERICAN:LTS) Logo

Ecc International Corp (ECC) investors sentiment decreased to 1.29 in Q4 2017. It’s down -0.51, from 1.8 in 2017Q3. The ratio worsened, as 9 funds started new or increased stock positions, while 7 decreased and sold their holdings in Ecc International Corp. The funds in our database now hold: 2.13 million shares, up from 1.91 million shares in 2017Q3. Also, the number of funds holding Ecc International Corp in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 5 Increased: 4 New Position: 5.

Ladenburg Thalmann Financial Services Inc., a diversified financial services company, provides brokerage and advisory, investment banking and research, institutional sales and trading, asset management, life insurance brokerage, and trust services in the United States. The company has market cap of $658.93 million. The Company’s Independent Brokerage and Advisory Services segment offers securities brokerage and advisory services for clients, including mutual funds, variable and fixed annuities, and advisor managed accounts; and brokerage support services, such as access to stock, bond, and options execution; products comprising insurance, mutual funds, unit trusts, and investment advisory programs; and research, compliance, supervision, accounting, and related services. It currently has negative earnings. This segment also provides trust administration of personal and retirement accounts, estate and financial planning, wealth management, and custody services.

The stock increased 1.23% or $0.04 during the last trading session, reaching $3.29. About 206,564 shares traded or 0.62% up from the average. Ladenburg Thalmann Financial Services Inc. (NYSEAMERICAN:LTS) has risen 33.06% since April 16, 2017 and is uptrending. It has outperformed by 21.51% the S&P500.

It was revealed in a document that was filled with the Washington-based SEC that Adam Malamed, who works for Ladenburg Thalmann Financial Services Inc, and is the Executive VP and COO performed an insider trade on April 16, 2018. Adam purchased 5,000 shares of the Pinksheet-listed company based on a market stock price of $3.3 US Dollars per each share. As announced in the document freely available here, the aggregate amount of the trade was $16,400 US Dollars. Adam Malamed currently has rights to 0.00% of the company’s total market cap with ownership of 9,000 shares. 

Analysts await Eagle Point Credit Company Inc. (NYSE:ECC) to report earnings on May, 22. They expect $0.45 EPS, down 13.46% or $0.07 from last year’s $0.52 per share. ECC’s profit will be $9.60 million for 10.28 P/E if the $0.45 EPS becomes a reality. After $0.43 actual EPS reported by Eagle Point Credit Company Inc. for the previous quarter, Wall Street now forecasts 4.65% EPS growth.

Mycio Wealth Partners Llc holds 2.24% of its portfolio in Eagle Point Credit Company Inc. for 1.10 million shares. Bard Associates Inc owns 131,358 shares or 1.19% of their US portfolio. Moreover, Freestone Capital Holdings Llc has 0.44% invested in the company for 335,874 shares. The New York-based National Asset Management Inc. has invested 0.04% in the stock. Thomas J. Herzfeld Advisors Inc., a Florida-based fund reported 5,511 shares.

The stock increased 0.05% or $0.01 during the last trading session, reaching $18.5. About 26,422 shares traded. Eagle Point Credit Company Inc. (ECC) has declined 5.90% since April 16, 2017 and is downtrending. It has underperformed by 17.45% the S&P500.