Insider Selling: Remark Holdings, Inc. (MARK) CFO Sells 20,000 Shares of Stock

Remark Holdings, Inc. (NASDAQ:MARK) CFO Douglas Osrow sold 20,000 shares of Remark stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $13.02, for a total transaction of $260,400.00. Following the completion of the transaction, the chief financial officer now owns 20,000 shares in the company, valued at $260,400. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Douglas Osrow also recently made the following trade(s):

  • On Tuesday, December 5th, Douglas Osrow sold 90,542 shares of Remark stock. The shares were sold at an average price of $8.02, for a total transaction of $726,146.84.

Remark Holdings, Inc. (NASDAQ MARK) traded up $0.99 during trading on Friday, reaching $13.99. The company’s stock had a trading volume of 1,476,900 shares, compared to its average volume of 1,798,033. Remark Holdings, Inc. has a 12 month low of $1.93 and a 12 month high of $15.10. The firm has a market capitalization of $382.25, a P/E ratio of -12.06 and a beta of 1.69.

Remark (NASDAQ:MARK) last released its earnings results on Monday, November 13th. The information services provider reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.16). equities analysts anticipate that Remark Holdings, Inc. will post -1.03 EPS for the current fiscal year.

A number of research firms have commented on MARK. Roth Capital reissued a “buy” rating and issued a $8.00 target price on shares of Remark in a report on Monday, October 2nd. ValuEngine raised Remark from a “sell” rating to a “hold” rating in a report on Wednesday, November 22nd. Finally, BidaskClub raised Remark from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 10th.

An institutional investor recently bought a new position in Remark stock. Bank of Montreal Can purchased a new position in shares of Remark Holdings, Inc. (NASDAQ:MARK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 44,000 shares of the information services provider’s stock, valued at approximately $428,000. Bank of Montreal Can owned about 0.16% of Remark as of its most recent SEC filing. 11.74% of the stock is owned by institutional investors.

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About Remark

Remark Holdings, Inc, formerly Remark Media, Inc, owns, operates and acquires digital media properties across multiple verticals. The Company operates through the travel and entertainment segment. The travel and entertainment segment includes the and its Roomlia mobile application. The Company is engaged in the sale of various travel and entertainment products, including air travel, show tickets and tours, which are booked through its travel and entertainment segment, consisting of and its related Websites, including, mobile applications and retail locations.

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