Insider Selling: Bruce E. Thompson Unloads 1,667 Shares of Exactech Stock (EXAC)
Exactech (NASDAQ:EXAC) SVP Bruce E. Thompson sold 1,667 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $23.50, for a total value of $39,174.50. Following the completion of the transaction, the senior vice president now directly owns 21,526 shares of the company’s stock, valued at approximately $505,861. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of 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 P/E ratio of 21.75.
Exactech (NASDAQ:EXAC) last issued its quarterly 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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