A-Mark Precious Metals director sells $662k in shares

Published 17/09/2025, 01:50
A-Mark Precious Metals director sells $662k in shares

Director Jess M. Ravich of A-Mark Precious Metals (NASDAQ:AMRK) sold 25,000 shares of common stock on September 12, 2025. The stock, which has shown impressive gains with a 15% return over the past week according to InvestingPro data, appears to be in overbought territory based on its RSI indicators. The shares were sold at a weighted average price ranging from $26.50 to $26.595, resulting in a total transaction value of $662,500.

Following the transaction, Ravich indirectly holds 21,860 shares through By Exemption Tr Under Ravich Rev of 1999, 183,580 shares through Ravich Revocable Trust of 1989, 9,900 shares through Jess M Ravich Def Pen PL Trust, and directly holds 145,651 shares.

In other recent news, A-Mark Precious Metals reported its Q4 2025 earnings, revealing a slight decline in quarterly revenue along with a notable drop in net income. Despite these challenges, the company emphasized strong growth in gross profit and strategic expansions. Additionally, DA Davidson maintained its Buy rating on A-Mark Precious Metals, setting a price target of $29.00. The firm highlighted that A-Mark’s reported profits of $29.2 million significantly surpassed the Street average estimate of $24.8 million. Analyst Michael Baker from DA Davidson noted that this performance comes amid market conditions that typically challenge the company’s profitability. These developments are crucial for investors monitoring A-Mark’s financial health and market positioning.

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