Steven R. Martin Unloads 2,000 Shares of Monotype Imaging Holdings Stock (TYPE)
Monotype Imaging Holdings (NASDAQ:TYPE) VP Steven R. Martin sold 2,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $25.98, for a total transaction of $51,960.00. Following the completion of the transaction, the vice president now directly owns 61,318 shares in the company, valued at approximately $1,593,042. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Monotype Imaging Holdings (NASDAQ:TYPE) remained flat at $26.00 during trading on Monday. The stock had a trading volume of 282,841 shares. Monotype Imaging Holdings has a 52-week low of $22.93 and a 52-week high of $33.25. The stock’s 50-day moving average is $26. and its 200-day moving average is $29.10. The company has a market cap of $1.007 billion and a P/E ratio of 33.77.
Monotype Imaging Holdings (NASDAQ:TYPE) last released its earnings data on Thursday, May 1st. The company reported $0.29 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.29. The company had revenue of $46.10 million for the quarter, compared to the consensus estimate of $45.38 million. During the same quarter last year, the company posted $0.30 earnings per share. Monotype Imaging Holdings’s revenue was up 11.1% compared to the same quarter last year. Analysts expect that Monotype Imaging Holdings will post $1.16 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, July 21st. Stockholders of record on Tuesday, July 1st will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Friday, June 27th.
Monotype Imaging Holdings Inc (NASDAQ:TYPE) is a provider of text imaging solutions.
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