Insider Selling: Peter J. Rogers, Jr. Sells 40,000 Shares of Micros Systems Stock (MCRS)
Micros Systems (NASDAQ:MCRS) EVP Peter J. Rogers, Jr. sold 40,000 shares of Micros Systems stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $52.32, for a total value of $2,092,800.00. Following the sale, the executive vice president now directly owns 91,703 shares in the company, valued at approximately $4,797,901. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. 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’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $56.71.
Micros Systems (NASDAQ:MCRS) traded down 0.47% on Wednesday, hitting $53.18. 155,247 shares of the company’s stock traded hands. Micros Systems has a 52 week low of $41.35 and a 52 week high of $59.46. The stock’s 50-day moving average is $51.61 and its 200-day moving average is $54.12. The company has a market cap of $3.979 billion and a P/E ratio of 24.74.
Micros Systems (NASDAQ:MCRS) last issued its quarterly 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. Analysts expect that Micros Systems will post $2.55 EPS for the current fiscal year.
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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