Insider Selling: Eric W. Strid Unloads 13,757 Shares of Cascade Microtech Stock (CSCD)
Cascade Microtech (NASDAQ:CSCD) Director Eric W. Strid sold 13,757 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $8.98, for a total value of $123,537.86. Following the transaction, the director now directly owns 1,177,277 shares of the company’s stock, valued at approximately $10,571,947. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Cascade Microtech (NASDAQ:CSCD) traded up 0.34% on Thursday, hitting $8.94. The stock had a trading volume of 43,381 shares. Cascade Microtech has a 52 week low of $6.26 and a 52 week high of $11.39. The stock has a 50-day moving average of $9.87 and a 200-day moving average of $9.5. The company has a market cap of $144.6 million and a P/E ratio of 10.01.
Cascade Microtech (NASDAQ:CSCD) last announced its earnings results on Wednesday, February 5th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.07. Analysts expect that Cascade Microtech will post $0.72 EPS for the current fiscal year.
Cascade Microtech, Inc designs, develops, manufactures and markets wafer probing and test socket solutions for the electrical measurement and testing of chips.
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