Insider Selling: Steven Harris Unloads 4,000 Shares of Cascade Microtech Stock (CSCD)
Cascade Microtech (NASDAQ:CSCD) EVP Steven Harris sold 4,000 shares of the company’s stock on the open market in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $9.00, for a total transaction of $36,000.00. Following the sale, the executive vice president now directly owns 48,845 shares in the company, valued at approximately $439,605. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Cascade Microtech (NASDAQ:CSCD) traded up 0.67% during mid-day trading on Thursday, hitting $8.99. 25,907 shares of the company’s stock traded hands. Cascade Microtech has a 52 week low of $5.00 and a 52 week high of $9.16. The stock’s 50-day moving average is $7.89 and its 200-day moving average is $7.11. The company has a market cap of $129.7 million and a price-to-earnings ratio of 21.26.
Cascade Microtech, Inc designs, develops, manufactures and markets wafer probing and test socket solutions for the electrical measurement and testing of chips.
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