Insider Selling: ClearOne Communications Insider Sells 33,914 Shares of Stock (CLRO)
ClearOne Communications (NASDAQ:CLRO) Insider Michael Braithwaite sold 33,914 shares of ClearOne Communications stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $8.10, for a total transaction of $274,703.40. Following the completion of the transaction, the insider now directly owns 12,518 shares of the company’s stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
ClearOne Communications (NASDAQ:CLRO) opened at 7.94 on Wednesday. ClearOne Communications has a 52-week low of $3.76 and a 52-week high of $9.81. The stock’s 50-day moving average is $8.27 and its 200-day moving average is $8.3. The company has a market cap of $72.1 million and a price-to-earnings ratio of 2.72.
ClearOne Communications (NASDAQ:CLRO) last announced its earnings results on Wednesday, July 31st. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.03. Analysts expect that ClearOne Communications will post $0.53 EPS for the current fiscal year.
ClearOne Communications, Inc (NASDAQ:CLRO) is a communications solutions company that develops and sells audio conferencing systems and related products for audio, video and Web conferencing systems and applications.
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