Engility Holdings Major Shareholder Abrams Capital Management, L.P Sells 4,843 Shares (EGL)
Engility Holdings (NYSE:EGL) major shareholder Abrams Capital Management, L.P sold 4,843 shares of Engility Holdings stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $34.23, for a total transaction of $165,775.89. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Engility Holdings (NYSE:EGL) traded up 0.70% during mid-day trading on Wednesday, hitting $34.34. 99,800 shares of the company’s stock traded hands. Engility Holdings has a 52 week low of $16.27 and a 52 week high of $35.21. The stock has a 50-day moving average of $33.57 and a 200-day moving average of $26.91. The company’s market cap is $591.1 million.
Engility Holdings (NYSE:EGL) last posted its quarterly earnings results on Monday, August 12th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $377.00 million for the quarter, compared to the consensus estimate of $366.41 million. The company’s revenue for the quarter was down 9.8% on a year-over-year basis. On average, analysts predict that Engility Holdings will post $3.04 earnings per share for the current fiscal year.
Engility Holdings, Inc (NYSE:EGL) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide.
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