Allied Motion Technologies CEO Richard S. Warzala Sells 30,000 Shares (AMOT)
Allied Motion Technologies (NASDAQ:AMOT) CEO Richard S. Warzala sold 30,000 shares of the company’s stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $15.00, for a total value of $450,000.00. Following the sale, the chief executive officer now directly owns 1,041,431 shares in the company, valued at approximately $15,621,465. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Allied Motion Technologies (NASDAQ:AMOT) traded down 5.90% on Wednesday, hitting $14.567. The stock had a trading volume of 114,007 shares. Allied Motion Technologies has a 52-week low of $6.64 and a 52-week high of $15.60. The stock has a 50-day moving average of $12.32 and a 200-day moving average of $11.97. The company has a market cap of $134.6 million and a P/E ratio of 26.88.
Allied Motion Technologies (NASDAQ:AMOT) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.24 EPS for the quarter. The company had revenue of $60.44 million for the quarter, compared to the consensus estimate of $25.14 million.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, June 10th. Shareholders of record on Tuesday, May 27th will be paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.65%. The ex-dividend date is Thursday, May 22nd.
Allied Motion Technologies Inc (NASDAQ:AMOT) designs, manufactures and sells motors, electronic motion controls, gearing and optical encoders to a range of customers throughout the world.
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