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ShoreTel (NASDAQ:SHOR) Director Charles Kissner sold 4,752 shares of ShoreTel stock on the open market in a transaction dated Monday, June 2nd. The stock was sold at an average price of $6.92, for a total value of $32,883.84. Following the sale, the director now directly owns 78,520 shares in the company, valued at approximately $543,358. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of ShoreTel (NASDAQ:SHOR) traded up 3.24% on Friday, hitting $6.907. The stock had a trading volume of 75,432 shares. ShoreTel has a 1-year low of $3.52 and a 1-year high of $9.81. The stock’s 50-day moving average is $7.16 and its 200-day moving average is $8.16. The company’s market cap is $431.9 million.

ShoreTel (NASDAQ:SHOR) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The company had revenue of $82.40 million for the quarter, compared to the consensus estimate of $82.66 million. During the same quarter in the previous year, the company posted ($0.01) earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Analysts expect that ShoreTel will post $0.21 EPS for the current fiscal year.

ShoreTel, Inc is a provider of business communication solutions. The Company’s unified communications (NASDAQ:SHOR) and contact center solutions are based on its Internet protocol (IP) business phone system (IP-PBX).

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