Micrel Insider Raymond D. Zinn Purchases 5,000 Shares (MCRL)
Micrel (NASDAQ:MCRL) Insider Raymond D. Zinn purchased 5,000 shares of the stock in a transaction that occurred on Thursday, May 8th. The stock was purchased at an average cost of $10.15 per share, with a total value of $50,750.00. Following the purchase, the insider now directly owns 11,691,543 shares in the company, valued at approximately $118,669,161. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Micrel (NASDAQ:MCRL) traded down 0.10% on Thursday, hitting $10.18. The stock had a trading volume of 222,961 shares. Micrel has a 52-week low of $8.60 and a 52-week high of $11.61. The stock has a 50-day moving average of $10.72 and a 200-day moving average of $10.03. The company has a market cap of $574.9 million and a price-to-earnings ratio of 40.76.
Micrel (NASDAQ:MCRL) last released its earnings data on Thursday, April 24th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $59.90 million for the quarter, compared to the consensus estimate of $60.70 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. On average, analysts predict that Micrel will post $0.32 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Tuesday, May 6th.
Micrel, Incorporated (NASDAQ:MCRL) designs, develops, manufactures and markets a range of analog power integrated circuits (ICs), mixed-signal ICs and digital ICs.
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