RLGT to Announce Quarterly Earnings with Mixed Insider Activity
$RLGT ($RLGT) is set to release its quarterly earnings on Monday, May 12th, following the market’s close, according to Finnhub. Analysts predict revenues of $197,910,600, with earnings estimated at $0.07 per share.
Recent insider activity can be examined on Quiver Quantitative’s $RLGT Stock page, which tracks data on insider trading, hedge fund movements, and congressional trading.
Insider Trading Activity for RLGT
In the past six months, $RLGT insiders have executed four trades on the open market, all of which were sales; no purchases were recorded. Here is a summary of the recent trades:
- TODD MACOMBER (Chief Financial Officer) performed 3 sales, liquidating 30,000 shares for an estimated $227,494.
- ARNOLD GOLDSTEIN (Chief Commercial Officer) sold 18,331 shares for an estimated $141,825.
Hedge Fund Activity Surrounding RLGT
In the latest quarter, 39 institutional investors increased their holdings in $RLGT, while 48 reduced their positions. Notable movements include:
- ALLIANCEBERNSTEIN L.P. decreased its shares by 294,353 (-91.5%) in Q4 2024, valued at around $1,972,165.
- FMR LLC raised its stake by 201,008 shares (+13.5%) in Q4 2024, worth an estimated $1,346,753.
- MEROS INVESTMENT MANAGEMENT, LP cut its shares by 135,125 (-16.6%) in Q4 2024, costing about $905,337.
- SCOPUS ASSET MANAGEMENT, L.P. increased holdings by 129,430 shares (+74.6%) in Q4 2024, equating to approximately $867,181.
- WELLINGTON MANAGEMENT GROUP LLP reduced its portfolio by 128,195 shares (-11.9%) in Q4 2024, worth around $858,906.
- ROYCE & ASSOCIATES LP added 110,086 shares (+4.9%) in Q1 2025, totaling about $677,028.
- GOLDMAN SACHS GROUP INC decreased its shares by 109,571 (-38.8%) in Q1 2025, valued at approximately $673,861.
For more information on hedge fund portfolios, you can access Quiver Quantitative’s institutional holdings dashboard.
This article is not financial advice. Please review Quiver Quantitative’s disclaimers for additional information. Inaccuracies may occur due to ticker-mapping errors and other anomalies.
The views and opinions expressed herein are those of the author and do not necessarily reflect the positions of Nasdaq, Inc.
