News articles about Silvercrest Asset Management Group (NASDAQ:SAMG) have been trending very positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Silvercrest Asset Management Group earned a media sentiment score of 0.54 on Accern’s scale. Accern also assigned media stories about the asset manager an impact score of 45.6048530712296 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, Sandler O’Neill set a $17.00 price target on shares of Silvercrest Asset Management Group and gave the company a “buy” rating in a research report on Saturday, February 17th.
Silvercrest Asset Management Group (SAMG) traded up $1.05 during trading hours on Tuesday, reaching $16.00. 20,100 shares of the company’s stock were exchanged, compared to its average volume of 17,067. The firm has a market capitalization of $197.35, a price-to-earnings ratio of 19.51 and a beta of 1.15. Silvercrest Asset Management Group has a 52-week low of $11.85 and a 52-week high of $16.80.
In other Silvercrest Asset Management Group news, major shareholder Marital Trust Under Article 7T sold 250,000 shares of the business’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $15.00, for a total value of $3,750,000.00. Following the completion of the transaction, the insider now directly owns 648,153 shares of the company’s stock, valued at $9,722,295. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 9.56% of the company’s stock.
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Silvercrest Asset Management Group Company Profile
Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.
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