Insider Selling: FXCM Inc. (NASDAQ:GLBR) CFO Sells 13,537 Shares of Stock

FXCM Inc. (NASDAQ:GLBR) CFO Robert Lande sold 13,537 shares of FXCM stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $1.26, for a total value of $17,056.62. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

FXCM Inc. (NASDAQ GLBR) traded down $0.04 during mid-day trading on Monday, reaching $0.46. The company’s stock had a trading volume of 952,000 shares, compared to its average volume of 67,016. FXCM Inc. has a 52-week low of $0.38 and a 52-week high of $9.80.

A hedge fund recently bought a new stake in FXCM stock. Renaissance Technologies LLC purchased a new stake in FXCM Inc. (NASDAQ:GLBR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 266,730 shares of the financial services provider’s stock, valued at approximately $720,000. Renaissance Technologies LLC owned 4.34% of FXCM at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.00% of the company’s stock.

Separately, ValuEngine upgraded FXCM from a “strong sell” rating to a “sell” rating in a report on Friday.

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About FXCM

Global brokerage, Inc, formerly FXCM Inc (FXCM), is engaged in providing online foreign exchange (FX) trading, contract for difference (CFD) trading, spread betting and related services. The Company owns over 50% of FXCM Group, LLC (FXCM Group). FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty.

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