Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC lowered its position in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,709 shares of the company’s stock after selling 1,699 shares during the period. Seizert Capital Partners LLC owned about 0.12% of Radiant Logistics worth $380,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Royce & Associates LP lifted its stake in shares of Radiant Logistics by 15.4% in the third quarter. Royce & Associates LP now owns 1,748,216 shares of the company’s stock valued at $11,241,000 after purchasing an additional 233,244 shares during the period. Empowered Funds LLC lifted its position in shares of Radiant Logistics by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 205,373 shares of the company’s stock valued at $1,321,000 after acquiring an additional 10,452 shares during the period. FMR LLC lifted its position in shares of Radiant Logistics by 877.2% during the 3rd quarter. FMR LLC now owns 1,490,354 shares of the company’s stock valued at $9,583,000 after acquiring an additional 1,337,841 shares during the period. State Street Corp boosted its stake in shares of Radiant Logistics by 0.9% during the 3rd quarter. State Street Corp now owns 739,594 shares of the company’s stock worth $4,756,000 after acquiring an additional 6,655 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of Radiant Logistics by 60.0% in the 3rd quarter. Barclays PLC now owns 86,842 shares of the company’s stock worth $558,000 after acquiring an additional 32,556 shares during the period. Hedge funds and other institutional investors own 53.59% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Todd Macomber sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $7.58, for a total transaction of $227,400.00. Following the transaction, the chief financial officer now owns 181,704 shares of the company’s stock, valued at approximately $1,377,316.32. This represents a 14.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 24.60% of the stock is currently owned by company insiders.

Radiant Logistics Trading Down 1.1 %

Shares of NYSEAMERICAN RLGT opened at $6.51 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.41 and a current ratio of 1.41. The company has a 50-day simple moving average of $6.90. Radiant Logistics, Inc. has a 52 week low of $4.83 and a 52 week high of $7.94. The firm has a market cap of $306.04 million, a PE ratio of 23.25 and a beta of 0.87.

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.