Insider Selling: KCG Holdings, Inc. Class A (KCG) COO Sells 58,549 Shares of Stock

KCG Holdings, Inc. Class A (NYSE:KCG) COO Nick Ogurtsov sold 58,549 shares of the stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $19.85, for a total transaction of $1,162,197.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

KCG Holdings, Inc. Class A (NYSE:KCG) traded up 0.10% during mid-day trading on Friday, reaching $19.84. 411,597 shares of the company traded hands. KCG Holdings, Inc. Class A has a 52 week low of $12.21 and a 52 week high of $19.96. The stock’s 50 day moving average price is $18.92 and its 200 day moving average price is $15.50. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 7.19 and a beta of 1.63.

KCG Holdings, Inc. Class A (NYSE:KCG) last announced its quarterly earnings data on Thursday, April 20th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.09. The company had revenue of $255.40 million for the quarter, compared to analysts’ expectations of $250.75 million. KCG Holdings, Inc. Class A had a net margin of 17.58% and a return on equity of 17.07%. KCG Holdings, Inc. Class A’s revenue was down 26.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 EPS. Equities analysts forecast that KCG Holdings, Inc. Class A will post $0.23 EPS for the current year.

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A number of research firms have recently weighed in on KCG. Buckingham Research lowered shares of KCG Holdings, Inc. Class A from a “buy” rating to a “neutral” rating and set a $20.00 price objective on the stock. in a research note on Thursday, April 20th. Zacks Investment Research lowered shares of KCG Holdings, Inc. Class A from a “hold” rating to a “sell” rating in a research note on Monday, January 30th. TheStreet upgraded shares of KCG Holdings, Inc. Class A from a “c+” rating to a “b-” rating in a research note on Thursday, January 19th. Sandler O’Neill lowered shares of KCG Holdings, Inc. Class A from a “buy” rating to a “hold” rating in a research note on Monday, April 24th. Finally, Wells Fargo & Co lowered shares of KCG Holdings, Inc. Class A from an “outperform” rating to a “market perform” rating in a research note on Monday, April 3rd. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $17.33.

A number of institutional investors have recently made changes to their positions in KCG. O Shaughnessy Asset Management LLC purchased a new position in shares of KCG Holdings, Inc. Class A during the first quarter valued at about $115,000. FJ Capital Management LLC purchased a new position in shares of KCG Holdings, Inc. Class A during the fourth quarter valued at about $138,000. Guggenheim Capital LLC purchased a new position in shares of KCG Holdings, Inc. Class A during the fourth quarter valued at about $159,000. Yorktown Management & Research Co Inc purchased a new position in shares of KCG Holdings, Inc. Class A during the first quarter valued at about $193,000. Finally, Cetera Advisors LLC boosted its position in shares of KCG Holdings, Inc. Class A by 2.7% in the third quarter. Cetera Advisors LLC now owns 13,608 shares of the financial services provider’s stock valued at $212,000 after buying an additional 354 shares in the last quarter.

About KCG Holdings, Inc. Class A

KCG Holdings, Inc is a holding company. The Company is an independent securities company offering investors a range of services designed to address trading needs across asset classes, product types and time zones. The Company combines technology with client service across market making, agency execution and venues.

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