Micros Systems EVP Jennifer M. Kurdle Sells 113,334 Shares (MCRS)
Micros Systems (NASDAQ:MCRS) EVP Jennifer M. Kurdle sold 113,334 shares of the stock on the open market in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $51.27, for a total value of $5,810,634.18. Following the completion of the sale, the executive vice president now directly owns 844 shares in the company, valued at approximately $43,272. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Micros Systems (NASDAQ:MCRS) traded up 0.54% on Tuesday, hitting $52.05. The stock had a trading volume of 237,963 shares. Micros Systems has a 1-year low of $41.35 and a 1-year high of $59.46. The stock’s 50-day moving average is $51.75 and its 200-day moving average is $54.24. The company has a market cap of $3.894 billion and a price-to-earnings ratio of 23.97.
Micros Systems (NASDAQ:MCRS) last released its earnings data on Thursday, May 1st. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.07. The company had revenue of $349.00 million for the quarter, compared to the consensus estimate of $331.04 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. On average, analysts predict that Micros Systems will post $2.54 earnings per share for the current fiscal year.
MCRS has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Micros Systems in a research note on Monday, May 5th. They now have a $56.00 price target on the stock. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $56.71.
MICROS Systems, Inc (NASDAQ:MCRS) is a global designer, manufacturer, marketer, and servicer of enterprise information solutions for the global hospitality and retail industries.
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