Insider Selling: GAIN Capital Holdings, Inc. (NYSE:GCAP) Director Sells 15,000 Shares of Stock

GAIN Capital Holdings, Inc. (NYSE:GCAP) Director Christopher Warren Calhoun sold 15,000 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $7.00, for a total transaction of $105,000.00. Following the completion of the transaction, the director now directly owns 40,149 shares of the company’s stock, valued at approximately $281,043. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Christopher Warren Calhoun also recently made the following trade(s):

  • On Monday, August 14th, Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock. The shares were sold at an average price of $6.87, for a total transaction of $34,350.00.
  • On Monday, July 24th, Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock. The stock was sold at an average price of $6.67, for a total transaction of $33,350.00.
  • On Monday, July 17th, Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock. The stock was sold at an average price of $6.39, for a total transaction of $31,950.00.
  • On Thursday, July 13th, Christopher Warren Calhoun sold 5,000 shares of GAIN Capital Holdings stock. The stock was sold at an average price of $6.58, for a total transaction of $32,900.00.

GAIN Capital Holdings, Inc. (NYSE GCAP) traded down 1.10% during trading on Friday, reaching $6.28. 567,131 shares of the company were exchanged. The firm’s 50 day moving average price is $6.62 and its 200-day moving average price is $7.01. The stock has a market capitalization of $296.67 million, a price-to-earnings ratio of 27.54 and a beta of 0.29. GAIN Capital Holdings, Inc. has a one year low of $4.54 and a one year high of $8.75.

GAIN Capital Holdings (NYSE:GCAP) last released its earnings results on Thursday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. The firm had revenue of $98.10 million for the quarter, compared to the consensus estimate of $98.70 million. GAIN Capital Holdings had a return on equity of 2.85% and a net margin of 3.21%. The company’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS. On average, equities research analysts predict that GAIN Capital Holdings, Inc. will post $0.19 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Tuesday, September 12th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.82%. The ex-dividend date is Monday, September 11th. GAIN Capital Holdings’s dividend payout ratio (DPR) is presently 104.35%.

GAIN Capital Holdings declared that its Board of Directors has approved a stock buyback plan on Wednesday, May 17th that allows the company to repurchase $35.00 million in outstanding shares. This repurchase authorization allows the financial services provider to buy up to 12.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

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A number of analysts have recently issued reports on GCAP shares. Zacks Investment Research cut shares of GAIN Capital Holdings from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 9th. Keefe, Bruyette & Woods restated a “hold” rating and set a $7.00 target price on shares of GAIN Capital Holdings in a research note on Monday, May 15th. Jefferies Group LLC raised their target price on shares of GAIN Capital Holdings from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Monday, May 8th. Finally, TheStreet raised shares of GAIN Capital Holdings from a “c” rating to a “b-” rating in a research report on Monday, August 7th.

A number of institutional investors have recently made changes to their positions in the stock. Principal Financial Group Inc. acquired a new position in shares of GAIN Capital Holdings during the second quarter valued at approximately $119,000. Martingale Asset Management L P acquired a new position in shares of GAIN Capital Holdings during the first quarter valued at approximately $126,000. Eagle Global Advisors LLC acquired a new position in shares of GAIN Capital Holdings during the first quarter valued at approximately $153,000. Alpine Woods Capital Investors LLC acquired a new position in shares of GAIN Capital Holdings during the second quarter valued at approximately $155,000. Finally, Voya Investment Management LLC increased its position in shares of GAIN Capital Holdings by 17.1% in the second quarter. Voya Investment Management LLC now owns 25,712 shares of the financial services provider’s stock valued at $160,000 after buying an additional 3,755 shares during the period. 49.06% of the stock is currently owned by institutional investors.

About GAIN Capital Holdings

GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

Insider Buying and Selling by Quarter for GAIN Capital Holdings (NYSE:GCAP)

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