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Qumu (NASDAQ:QUMU) VP Vern Hanzlik acquired 2,900 shares of Qumu stock in a transaction that occurred on Wednesday, May 14th. The stock was purchased at an average price of $13.47 per share, for a total transaction of $39,063.00. Following the acquisition, the vice president now directly owns 22,900 shares in the company, valued at approximately $308,463. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Qumu (NASDAQ:QUMU) traded down 3.54% on Thursday, hitting $13.37. The stock had a trading volume of 7,301 shares. Qumu has a 1-year low of $7.51 and a 1-year high of $18.09. The stock has a 50-day moving average of $14.75 and a 200-day moving average of $14.. The company’s market cap is $116.3 million.

Qumu (NASDAQ:QUMU) last released its earnings data on Monday, April 28th. The company reported ($0.43) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.42) by $0.01. Analysts expect that Qumu will post $-1.54 EPS for the current fiscal year.

Qumu Corporation, formerly Rimage Corporation, helps businesses deliver digital content directly and securely to their customers and employees.

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