Overland Storage CEO Unloads $37,698 in Stock (OVRL)
Overland Storage (NASDAQ:OVRL) CEO Eric Kelly unloaded 36,600 shares of the company’s stock on the open market in a transaction dated Thursday, September 19th. The shares were sold at an average price of $1.03, for a total value of $37,698.00. Following the sale, the chief executive officer now directly owns 1,190,081 shares of the company’s stock. The sale was disclosed in a legal filing with the SEC, 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. 39,722 shares of the company’s stock traded hands. Overland Storage has a 52 week low of $0.91 and a 52 week high of $1.90. The stock’s 50-day moving average is $1.11 and its 200-day moving average is $1.14. The company’s market cap is $31.2 million.
Overland Storage (NASDAQ:OVRL) last released its 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.