Why Liquid Holdings Group (LIQD) Stock Is Spiking Today

NEW YORK (TheStreet) -- Liquid Holding Group (LIQD) shares are rocketing up 35% to $1.66 on heavy volume trading following an insider purchasing a large amount of company shares.

Majority shareholder Douglas Von Allmen purchased 6.4 million shares of Liquid Holding Group for $8 million or $1.25 per share.

Details of the purchase can be viewed here.

Must Read: Warren Buffett's 25 Favorite Growth Stocks 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

LIQD Chart

LIQD data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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