Insider Selling: Dex Media Director Sells 1,719 Shares of Stock (DXM)
Dex Media (NYSE:DXM) Director Richard Lee Kuersteiner sold 1,719 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $6.07, for a total value of $10,434.33. Following the sale, the director now directly owns 20,065 shares of the company’s stock, valued at approximately $121,795. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Dex Media (NYSE:DXM) traded down 5.84% during mid-day trading on Monday, hitting $5.80. The stock had a trading volume of 287,258 shares. Dex Media has a 52-week low of $4.30 and a 52-week high of $23.86. The stock has a 50-day moving average of $6.39 and a 200-day moving average of $9.45. The company’s market cap is $102.1 million.
Dex Media (NYSE:DXM) last posted its quarterly earnings results on Tuesday, November 5th. The company reported ($7.66) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.06 by $7.72. The company had revenue of $397.00 million for the quarter, compared to the consensus estimate of $320.00 million. Dex Media’s revenue was up 24.1% compared to the same quarter last year.
Dex Media, Inc is a provider of social, local and mobile marketing solutions for local businesses. The Company provides marketing solutions that include Websites, print, mobile, search engine and social media solutions.
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