Insider Activity to Watch: DGSE Companies, Inc. $DGSE

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DGSE Companies, Inc. (ARCA:DGSE) insider have most recently took part in a trading activity. On Dec 7, 2017 Pedersen Bret Allen, CFO bought 1,500 shares having total worth of $1,485 at the price of $0.99 per share, following the transaction a total of 11,300 shares owned by Pedersen Bret Allen. Before this latest buy, Pedersen Bret Allen purchased DGSE at 1 other times during the past twelve months, for a total investment of $10,682 at an average of $1.09 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 -43.02%
12 Month 3 1 36.11%

DGSE Companies, Inc., a Nevada corporation was incorporated on September 16, 1965 under the name ‘Canyon State Mining Corporation of Nevada’. After several name changes through the years, in 2005 it changed its name to DGSE Companies, Inc. The Company buys and sells jewelry, diamonds, fine watches, rare coins and currency, precious metal bullion products, scrap gold, silver, platinum and palladium as well as collectibles and other valuables. The Company’s customers include individual consumers, dealers and institutions throughout the United States. Its operations are organized into two types of customers namely Retail and Wholesale. Its products and services are marketed through 34 retail locations in Alabama, Florida, Georgia, Illinois, South Carolina, North Carolina, Tennessee and Texas. During the year ended December 31, 2012, it opened additional locations in Alabama, Florida, Georgia, South Carolina and Texas. These retail locations operate under a variety of banners, including Bullion Express, Charleston Gold & Diamond Exchange, Dallas Gold & Silver Exchange and Southern Bullion Coin & Jewelry and are supported by the following websites: www.BullionExpress.com, www.CGDEinc.com, www.DGSE.com and www.SouthernBullion.com. The Company also operates two websites that are not specifically tied to any physical location which include www.AmericanGoldAndSilverExchange.com, which provides clients with the ability to mail their unwanted valuables to the Company for evaluation and purchase and www.USBullionExchange.com, which facilitates real time trading in all common precious metal bullion products. The Company’s Fairchild International division supplies over 1,100 regional jewelry stores across the country, with pre-owned Rolexes and aftermarket Rolex accessories such as bands, bezels and dials. In addition to Fairchild, it transacts a significant amount of business with wholesalers and other companies in its industry. The Company’s products and services include Jewelry, Bullion, Rare Coins, currency and collectibles and Scrap. It sells all categories of jewelry including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds and other gemstones, watches and findings. It also maintains jewelry repair centers and accepts repairs, polishing and service orders. Its bullion trading operation buys and sells all forms of gold, silver, platinum and palladium precious metals products, including United States and other government coins, private mint medallions, wafers, art bars and trade unit bars. Retail bullion transactions are conducted with individual consumers at all of its store locations and online at www.USBullionExchange.com. Wholesale bullion transactions are conducted through its main bullion trading operation in Dallas, Texas, which maintains numerous vendor relationships with major industry wholesalers, mints and institutions. The Company buys and sells numismatic items, including rare coins, currency, medals, tokens and

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.