Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) CFO Sells $227,400.00 in Stock

Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) CFO Todd Macomber sold 30,000 shares of Radiant Logistics stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $7.58, for a total transaction of $227,400.00. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Radiant Logistics Price Performance

NYSEAMERICAN RLGT opened at $6.90 on Friday. The firm has a market capitalization of $324.37 million, a P/E ratio of 24.64 and a beta of 0.87. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.41 and a current ratio of 1.41. Radiant Logistics, Inc. has a 1 year low of $4.83 and a 1 year high of $7.94.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RLGT. EP Wealth Advisors LLC purchased a new stake in shares of Radiant Logistics in the 4th quarter valued at $67,000. ProShare Advisors LLC purchased a new stake in Radiant Logistics in the fourth quarter valued at $67,000. SG Americas Securities LLC purchased a new position in shares of Radiant Logistics during the 3rd quarter valued at about $79,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Radiant Logistics by 19.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,523 shares of the company’s stock valued at $91,000 after buying an additional 2,201 shares during the period. Finally, MetLife Investment Management LLC lifted its holdings in shares of Radiant Logistics by 103.8% in the 4th quarter. MetLife Investment Management LLC now owns 22,047 shares of the company’s stock valued at $148,000 after buying an additional 11,227 shares during the period. 53.59% of the stock is owned by institutional investors and hedge funds.

About Radiant Logistics

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.