Insider Selling: James Guy Gandenberger Unloads 18,813 Shares of Micrel Stock (MCRL)
Micrel (NASDAQ:MCRL) VP James Guy Gandenberger sold 18,813 shares of Micrel stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $10.72, for a total transaction of $201,675.36. Following the transaction, the vice president now directly owns 22,694 shares of the company’s stock, valued at approximately $243,280. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Micrel (NASDAQ:MCRL) traded down 0.47% during mid-day trading on Monday, hitting $10.60. 363,829 shares of the company’s stock traded hands. Micrel has a 1-year low of $8.60 and a 1-year high of $11.61. The stock has a 50-day moving average of $10.44 and a 200-day moving average of $10.20. The company has a market cap of $598.6 million and a price-to-earnings ratio of 42.60.
Micrel (NASDAQ:MCRL) last announced its earnings results on Thursday, April 24th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.01. The company had revenue of $59.90 million for the quarter, compared to the consensus estimate of $60.70 million. During the same quarter last year, the company posted $0.11 earnings per share. Micrel’s revenue was up .3% compared to the same quarter last year. On average, analysts predict that Micrel will post $0.32 earnings per share for the current fiscal year.
Micrel, Incorporated (NASDAQ:MCRL) designs, develops, manufactures and markets a range of analog power integrated circuits (ICs), mixed-signal ICs and digital ICs.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.