Selectica major shareholder Lloyd I. Miller III Purchases 169,299 Shares (SLTC)
Selectica (NASDAQ:SLTC) major shareholder Lloyd I. Miller III purchased 169,299 shares of the stock on the open market in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of $6.00 per share, for a total transaction of $1,015,794.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Separately, analysts at Thomson Reuters/Verus upgraded shares of Selectica from a “sell” rating to a “hold” rating in a research note to investors on Monday, January 20th.
Selectica (NASDAQ:SLTC) traded up 3.86% on Monday, hitting $7.00. 17,249 shares of the company’s stock traded hands. Selectica has a one year low of $4.99 and a one year high of $10.50. The stock’s 50-day moving average is $6.70 and its 200-day moving average is $6.61. The company’s market cap is $27.1 million.
Selectica (NASDAQ:SLTC) last announced its earnings results on Thursday, November 7th. The company reported ($0.39) earnings per share for the quarter. The company had revenue of $3.93 million for the quarter, compared to the consensus estimate of $4.66 million. Analysts expect that Selectica will post $-1.56 EPS for the current fiscal year.
Selectica, Inc (NASDAQ:SLTC) is engaged in developing software.
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