Collectors Universe Major Shareholder Richard Kenneth Sr Duncan Sr Sells 50,500 Shares (CLCT)
Collectors Universe (NASDAQ:CLCT) major shareholder Richard Kenneth Sr Duncan, Sr. unloaded 50,500 shares of the company’s stock on the open market in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $14.64, for a total value of $739,320.00. Following the completion of the sale, the insider now directly owns 848,197 shares of the company’s stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Several analysts have recently commented on the stock. Analysts at Thomson Reuters/Verus downgraded shares of Collectors Universe (NASDAQ:CLCT) from a “buy” rating to a “hold” rating in a research note to investors on Monday, September 2nd.
Collectors Universe (NASDAQ:CLCT) traded up 1.25% during mid-day trading on Friday, hitting $14.60. 42,001 shares of the company’s stock traded hands. Collectors Universe has a 52-week low of $9.25 and a 52-week high of $17.25. The stock has a 50-day moving average of $15.93 and a 200-day moving average of $13.46. The company has a market cap of $124.1 million and a P/E ratio of 20.51.
Collectors Universe (NASDAQ:CLCT) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $0.25 EPS for the quarter. The company had revenue of $13.78 million for the quarter, compared to the consensus estimate of $11.73 million.
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of high-value coins, trading cards, event tickets, autographs and memorabilia.
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