Brilliant Earth Group, Inc. (NASDAQ:BRLT - Get Free Report) insider Sharon Dziesietnik sold 5,324 shares of the business's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $1.96, for a total value of $10,435.04. Following the transaction, the insider now owns 392,121 shares of the company's stock, valued at $768,557.16. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Brilliant Earth Group Stock Up 4.1 %
Shares of BRLT traded up $0.08 during midday trading on Friday, hitting $2.04. The stock had a trading volume of 45,760 shares, compared to its average volume of 54,570. The firm has a market cap of $201.04 million, a price-to-earnings ratio of 68.02 and a beta of 1.68. The company has a 50 day simple moving average of $1.79 and a two-hundred day simple moving average of $2.05. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.80 and a quick ratio of 2.27. Brilliant Earth Group, Inc. has a twelve month low of $1.52 and a twelve month high of $3.81.
Wall Street Analyst Weigh In
Separately, Telsey Advisory Group reissued an "outperform" rating and set a $3.00 target price on shares of Brilliant Earth Group in a research note on Friday, November 1st.
Read Our Latest Research Report on BRLT
Institutional Trading of Brilliant Earth Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC grew its position in Brilliant Earth Group by 9.2% in the second quarter. Renaissance Technologies LLC now owns 118,200 shares of the company's stock valued at $262,000 after purchasing an additional 10,000 shares in the last quarter. Orion Capital Management LLC grew its holdings in shares of Brilliant Earth Group by 166.0% in the 3rd quarter. Orion Capital Management LLC now owns 13,300 shares of the company's stock valued at $28,000 after acquiring an additional 8,300 shares in the last quarter. Finally, Privium Fund Management UK Ltd acquired a new stake in shares of Brilliant Earth Group in the second quarter valued at about $28,000. 70.41% of the stock is currently owned by institutional investors and hedge funds.
About Brilliant Earth Group
(
Get Free Report)
Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company's product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.
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