Insider Selling: Collectors Universe major shareholder Sells 40,000 Shares of Stock (CLCT)
Collectors Universe (NASDAQ:CLCT) major shareholder David G. Hall sold 40,000 shares of Collectors Universe stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $21.66, for a total transaction of $866,400.00. Following the transaction, the insider now directly owns 841,735 shares in the company, valued at approximately $18,231,980. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Collectors Universe (NASDAQ:CLCT) traded down 1.77% during mid-day trading on Wednesday, hitting $20.53. The stock had a trading volume of 80,592 shares. Collectors Universe has a 52 week low of $12.21 and a 52 week high of $23.75. The stock’s 50-day moving average is $21.39 and its 200-day moving average is $18.7. The company has a market cap of $180.5 million and a P/E ratio of 24.88.
The company also recently declared a quarterly dividend, which is scheduled for Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Wednesday, May 14th.
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of high-value coins, trading cards, event tickets, autographs and memorabilia.
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