Insider Selling: Van D. Simmons Sells 9,539 Shares of Collectors Universe Stock (CLCT)
Collectors Universe (NASDAQ:CLCT) Director Van D. Simmons sold 9,539 shares of the company’s stock on the open market in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $20.01, for a total value of $190,875.39. Following the completion of the sale, the director now directly owns 227,845 shares in the company, valued at approximately $4,559,178. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Collectors Universe (NASDAQ:CLCT) traded up 4.55% during mid-day trading on Friday, hitting $20.90. 33,645 shares of the company’s stock traded hands. Collectors Universe has a 1-year low of $12.21 and a 1-year high of $23.75. The stock’s 50-day moving average is $21.48 and its 200-day moving average is $18.86. The company has a market cap of $183.7 million and a P/E ratio of 23.80.
The company also recently announced a quarterly dividend, which is scheduled for Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a dividend yield of 6.22%. The ex-dividend date 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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