Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) CFO Todd Macomber Sells 30,000 Shares

Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) CFO Todd Macomber sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $7.58, for a total value of $227,400.00. Following the completion of the sale, the chief financial officer now owns 181,704 shares of the company’s stock, valued at $1,377,316.32. The trade was a 14.17 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Radiant Logistics Stock Performance

NYSEAMERICAN:RLGT traded down $0.24 during mid-day trading on Thursday, reaching $7.19. The stock had a trading volume of 146,109 shares, compared to its average volume of 128,206. The company has a market capitalization of $338.00 million, a price-to-earnings ratio of 25.68 and a beta of 0.87. Radiant Logistics, Inc. has a one year low of $4.83 and a one year high of $7.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.41 and a quick ratio of 1.41.

Institutional Trading of Radiant Logistics

A number of hedge funds have recently bought and sold shares of RLGT. Dimensional Fund Advisors LP lifted its position in Radiant Logistics by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,006,978 shares of the company’s stock valued at $20,147,000 after purchasing an additional 40,666 shares during the last quarter. Vanguard Group Inc. lifted its position in Radiant Logistics by 7.5% in the fourth quarter. Vanguard Group Inc. now owns 2,565,216 shares of the company’s stock valued at $17,187,000 after purchasing an additional 177,990 shares during the last quarter. Royce & Associates LP lifted its position in Radiant Logistics by 29.7% in the fourth quarter. Royce & Associates LP now owns 2,266,678 shares of the company’s stock valued at $15,187,000 after purchasing an additional 518,462 shares during the last quarter. FMR LLC lifted its position in Radiant Logistics by 877.2% in the third quarter. FMR LLC now owns 1,490,354 shares of the company’s stock valued at $9,583,000 after purchasing an additional 1,337,841 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Radiant Logistics by 15.9% in the third quarter. Geode Capital Management LLC now owns 896,878 shares of the company’s stock valued at $5,768,000 after purchasing an additional 123,198 shares during the last quarter. Institutional investors own 53.59% of the company’s stock.

Radiant Logistics Company Profile

Radiant Logistics, Inc, a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. The company offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services.