Exactech CFO Sells $116,050 in Stock (EXAC)
Exactech (NASDAQ:EXAC) CFO Joel C. Phillips sold 5,000 shares of the stock on the open market in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $23.21, for a total transaction of $116,050.00. Following the completion of the sale, the chief financial officer now directly owns 89,287 shares of the company’s stock, valued at approximately $2,072,351. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Exactech (NASDAQ:EXAC) traded up 2.89% on Monday, hitting $25.29. The stock had a trading volume of 40,150 shares. Exactech has a 52-week low of $18.01 and a 52-week high of $25.14. The stock has a 50-day moving average of $22.42 and a 200-day moving average of $23.16. The company has a market cap of $345.4 million and a price-to-earnings ratio of 21.75.
Exactech (NASDAQ:EXAC) last released its earnings data on Monday, April 21st. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.01. The company had revenue of $63.30 million for the quarter, compared to the consensus estimate of $63.05 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. On average, analysts predict that Exactech will post $1.21 earnings per share for the current fiscal year.
Exactech, Inc develops, manufactures and sells orthopedic implant devices, related surgical instruments and biological material and services to make patients more mobile.
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