Attica Jaques Increases Stake in BRLT with Recent Purchase
BRLT insider Attica Jaques bought 72,519 shares, signaling confidence.
Key Points
- On June 17, 2026, Attica Jaques bought 72,519 shares of BRLT, with the stock trading at $1.12.
- Shares of BRLT have a current market spot of $1.12, with insider buying suggesting potential confidence.
- Analysts from TD Cowen and B. Riley Securities maintain a 'hold' rating on BRLT, reflecting cautious market sentiment.
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On June 17, 2026, Attica Jaques, an insider at BRLT, purchased 72,519 shares of the company. The transaction didn't specify a purchase price, but BRLT shares were trading at $1.12 around that time. This move adds to the insider activity at BRLT, suggesting potential confidence in the company's outlook.
Insider Buying and Selling at Brilliant Earth Group, Inc.
Jennifer Noel Harris, Attica Jaques, and Beth Kaplan each bought 72,519 shares of BRLT on the same day, June 17, 2026. Sharon Dziesietnik, the Chief Operations Officer, sold 10,124 shares on May 18, 2026, at an average price of $1.15 under a planned sale. Earlier in the year, both Dziesietnik and Jeffrey Chuenhong Kuo, the Chief Financial Officer, bought significant shares on March 6, 2026.
Other Institutional Activity in BRLT
Among institutional investors, Capital World Investors held steady with 1,052,309 shares valued at approximately $1.4 million. Ameriprise Financial Inc increased its holdings by 10,153 shares to a total of 808,454 shares, valued at about $1.08 million. Vanguard Capital Management LLC established a new position with 524,321 shares worth around $697,347. Conversely, Russell Investments Group, Ltd. reduced its stake by 27,820 shares, holding 472,920 shares valued at $628,981.
Analysts Set New Price Targets
On March 6, 2026, TD Cowen maintained its 'hold' rating on BRLT with a price target of $1.60. B. Riley Securities also downgraded the stock to a 'hold' with a target of $1.50. Telsey Advisory Group maintained its 'hold' rating with a target of $2.00 earlier in March.
Bottom Line
Insider activity at BRLT, with Attica Jaques and others making significant purchases, highlights potential confidence in the company's future. Institutional investors show varied interest, with some increasing and others reducing their stakes. Analysts remain cautious, maintaining 'hold' ratings, which reflects a balanced view on the stock's prospects. As always, remember that insider transactions and 13F filings are backward-looking and might not reflect current positions.
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