Insider Selling: Wayside Technology CEO Sells 6,339 Shares of Stock (WSTG)
Wayside Technology (NASDAQ:WSTG) CEO Simon F. Nynens sold 6,339 shares of the company’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $15.26, for a total value of $96,733.14. Following the sale, the chief executive officer now directly owns 247,795 shares of the company’s stock, valued at approximately $3,781,352. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Sidoti initiated coverage on shares of Wayside Technology in a research note on Thursday, December 5th. They set a “buy” rating on the stock.
Wayside Technology (NASDAQ:WSTG) last announced its earnings results on Friday, February 7th. The company reported $0.55 earnings per share (EPS) for the quarter.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 28th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 4.67%. The ex-dividend date is Thursday, February 13th.
Wayside Technology Group, Inc is an information technology (NASDAQ:WSTG) channel company.
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