Insider Selling: Errol G. Samuelson Sells 3,000 Shares of Move Stock (MOVE)
Move (NASDAQ:MOVE) Insider Errol G. Samuelson sold 3,000 shares of the stock on the open market in a transaction dated Thursday, January 9th. The stock was sold at an average price of $15.91, for a total value of $47,730.00. Following the transaction, the insider now directly owns 80,422 shares in the company, valued at approximately $1,279,514. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Move (NASDAQ:MOVE) traded down 2.50% on Monday, hitting $15.58. 278,799 shares of the company’s stock traded hands. Move has a 52-week low of $7.97 and a 52-week high of $18.36. The stock’s 50-day moving average is $15.42 and its 200-day moving average is $15.38. The company has a market cap of $608.5 million and a P/E ratio of 326.12.
Move (NASDAQ:MOVE) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.12. The company had revenue of $58.80 million for the quarter, compared to the consensus estimate of $57.97 million. During the same quarter last year, the company posted $0.11 earnings per share. Move’s revenue was up 19.0% compared to the same quarter last year.
Move, Inc (NASDAQ:MOVE) operates an online network of Websites for real estate search, finance, moving and home enthusiasts and provides a resource for consumers seeking the online information and connections they need regarding real estate.
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