Qumu CFO Purchases $13,400 in Stock (QUMU)
Qumu (NASDAQ:QUMU) CFO James R. Stewart bought 1,000 shares of the stock on the open market in a transaction dated Monday, June 9th. The shares were purchased at an average price of $13.40 per share, with a total value of $13,400.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at TheStreet downgraded shares of Qumu from a “hold” rating to a “sell” rating in a research note on Wednesday, June 4th.
Shares of Qumu (NASDAQ:QUMU) traded down 0.37% on Tuesday, hitting $13.35. The stock had a trading volume of 1,105 shares. Qumu has a 52-week low of $7.51 and a 52-week high of $18.09. The stock’s 50-day moving average is $14.19 and its 200-day moving average is $14.53. The company’s market cap is $115.9 million.
Qumu (NASDAQ:QUMU) last issued its quarterly earnings data on Monday, April 28th. The company reported ($0.43) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.42) by $0.01. On average, analysts predict that Qumu will post $-1.54 earnings per share for the current fiscal year.
Qumu Corporation, formerly Rimage Corporation, helps businesses deliver digital content directly and securely to their customers and employees.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.