Insider Selling: David Hall Sells 14,900 Shares of Collectors Universe Stock (CLCT)
Collectors Universe (NASDAQ:CLCT) major shareholder David Hall unloaded 14,900 shares of Collectors Universe stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $14.55, for a total value of $216,795.00. Following the transaction, the insider now directly owns 970,833 shares of the company’s stock, valued at approximately $14,125,620. The sale was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
A number of research firms have recently commented on CLCT. 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 16th.
Collectors Universe (NASDAQ:CLCT) traded up 1.22% on Tuesday, hitting $14.89. The stock had a trading volume of 32,795 shares. 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 $15.70 and a 200-day moving average of $13.67. The company has a market cap of $126.6 million and a price-to-earnings ratio of 20.92.
Collectors Universe (NASDAQ:CLCT) last announced its earnings results on Wednesday, August 28th. The company reported $0.25 earnings per share (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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