PC Connection Director Sells $205,600 in Stock (PCCC)
PC Connection (NASDAQ:PCCC) Director David Hall sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $20.56, for a total transaction of $205,600.00. Following the completion of the sale, the director now directly owns 397,802 shares of the company’s stock, valued at approximately $8,178,809. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of PC Connection (NASDAQ:PCCC) traded up 0.10% during mid-day trading on Wednesday, hitting $20.41. The stock had a trading volume of 39,658 shares. PC Connection has a one year low of $14.51 and a one year high of $25.94. The stock has a 50-day moving average of $20.53 and a 200-day moving average of $21.58. The company has a market cap of $534.8 million and a price-to-earnings ratio of 14.68.
PC Connection (NASDAQ:PCCC) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.02. The company had revenue of $559.80 million for the quarter, compared to the consensus estimate of $524.70 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. Analysts expect that PC Connection will post $1.49 EPS for the current fiscal year.
PC Connection, Inc is a direct marketer of a range of information technology, or information technology (NASDAQ:PCCC), solutions.
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