Insider Selling: Overland Storage CFO Unloads 14,183 Shares of Stock (OVRL)
Overland Storage (NASDAQ:OVRL) CFO Kurt Kalbfleisch unloaded 14,183 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $1.05, for a total transaction of $14,892.15. Following the sale, the chief financial officer now directly owns 437,633 shares of the company’s stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Overland Storage (NASDAQ:OVRL) traded up 0.97% during mid-day trading on Thursday, hitting $1.04. The stock had a trading volume of 39,722 shares. Overland Storage has a 52-week low of $0.91 and a 52-week high of $1.90. The stock has a 50-day moving average of $1.11 and a 200-day moving average of $1.14. The company’s market cap is $31.2 million.
Overland Storage (NASDAQ:OVRL) last issued its quarterly earnings data on Wednesday, September 4th. The company reported ($0.18) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.16) by $0.02. The company had revenue of $12.10 million for the quarter, compared to the consensus estimate of $12.30 million. During the same quarter last year, the company posted ($0.10) earnings per share. Analysts expect that Overland Storage will post $-0.41 EPS for the current fiscal year.
Overland Storage, Inc (NASDAQ:OVRL) is a global provider of unified data management and data protection solutions designed to enable small and medium enterprises (SMEs), corporate departments, and small and medium businesses (SMBs) to anticipate and respond to change.
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