Move CEO Steve Berkowitz Sells 5,000 Shares (MOVE)
Move (NASDAQ:MOVE) CEO Steve Berkowitz sold 5,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $15.76, for a total transaction of $78,800.00. Following the completion of the transaction, the chief executive officer now directly owns 426,048 shares of the company’s stock, valued at approximately $6,714,516. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Move (NASDAQ:MOVE) traded down 2.50% during mid-day trading on Monday, hitting $15.58. The stock had a trading volume of 278,799 shares. 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 $15.4 and its 200-day moving average is $15.32. The company has a market cap of $608.5 million and a price-to-earnings ratio of 326.12.
Move (NASDAQ:MOVE) last announced its earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters 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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