Insider Selling: Gina Consylman Unloads 1,522 Shares of Analogic Corp. Stock (ALOG)
Analogic Corp. (NASDAQ:ALOG) VP Gina Consylman sold 1,522 shares of the company’s stock on the open market in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $83.15, for a total transaction of $126,554.30. Following the transaction, the vice president now directly owns 140 shares in the company, valued at approximately $11,641. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Analogic Corp. (NASDAQ:ALOG) traded up 1.40% during mid-day trading on Monday, hitting $86.07. 83,383 shares of the company’s stock traded hands. Analogic Corp. has a 52-week low of $66.05 and a 52-week high of $86.27. The stock has a 50-day moving average of $79.07 and a 200-day moving average of $77.02. The company has a market cap of $1.069 billion and a P/E ratio of 34.23.
Analogic Corp. (NASDAQ:ALOG) last released its earnings data on Thursday, September 12th. The company reported $1.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.01 by $0.52. The company had revenue of $166.20 million for the quarter, compared to the consensus estimate of $164.20 million. During the same quarter in the prior year, the company posted $1.32 earnings per share. The company’s quarterly revenue was up 10.1% on a year-over-year basis. On average, analysts predict that Analogic Corp. will post $4.61 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 10th. Investors of record on Thursday, September 26th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Tuesday, September 24th.
Separately, analysts at Benchmark Co. initiated coverage on shares of Analogic Corp. in a research note to investors on Tuesday, September 10th. They set a “buy” rating and a $89.00 price target on the stock.
Analogic Corporation (NASDAQ:ALOG) is a technology company that designs and manufactures advanced medical imaging and security systems and subsystems sold to Original Equipment Manufacturers (OEMs) and end users primarily in the healthcare and airport security markets.
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