It was reported on December 27, that Irwin Gold, Executive Chairman at Houlihan Lokey (NYSE:HLI) executed a significant insider sell, according to an SEC filing.
What Happened: Gold's recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled the sale of 10,000 shares of Houlihan Lokey. The total transaction value is $1,221,800.
The latest update on Thursday morning shows Houlihan Lokey shares down by 0.0%, trading at $122.19.
About Houlihan Lokey
Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.
Unraveling the Financial Story of Houlihan Lokey
Revenue Challenges: Houlihan Lokey's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline ...