AVX Corp. VP Sells $169,830 in Stock (AVX)
AVX Corp. (NYSE:AVX) VP Peter Collis sold 12,580 shares of the stock on the open market in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $13.50, for a total value of $169,830.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of AVX Corp. (NYSE:AVX) in a research note to investors on Thursday, August 1st. They now have a $13.00 price target on the stock, up previously from $11.50.
AVX Corp. (NYSE:AVX) traded down 0.07% during mid-day trading on Wednesday, hitting $13.49. 97,081 shares of the company’s stock traded hands. AVX Corp. has a one year low of $9.11 and a one year high of $13.67. The stock’s 50-day moving average is $13.06 and its 200-day moving average is $12.16. The company has a market cap of $2.275 billion and a price-to-earnings ratio of 22.80.
AVX Corp. (NYSE:AVX) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.16 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.16. The company had revenue of $363.40 million for the quarter, compared to the consensus estimate of $369.90 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. On average, analysts predict that AVX Corp. will post $0.68 earnings per share for the current fiscal year.
AVX Corporation (NYSE:AVX) is a manufacturer and supplier of a line of passive electronic components and related products.
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