Gain Capital Holdings CMO Sells $61,360 in Stock (GCAP)
Gain Capital Holdings (NASDAQ:GCAP) CMO Samantha Roady unloaded 8,000 shares of the stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $7.67, for a total transaction of $61,360.00. Following the completion of the sale, the chief marketing officer now directly owns 80,650 shares in the company, valued at approximately $618,586. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Gain Capital Holdings (NASDAQ:GCAP) traded up 0.39% on Friday, hitting $7.79. The stock had a trading volume of 187,029 shares. Gain Capital Holdings has a 1-year low of $5.20 and a 1-year high of $14.62. The stock’s 50-day moving average is $8.52 and its 200-day moving average is $9.23. The company has a market cap of $312.7 million and a price-to-earnings ratio of 10.99.
Gain Capital Holdings (NASDAQ:GCAP) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.19 by $0.11. The company had revenue of $75.80 million for the quarter, compared to the consensus estimate of $85.06 million. During the same quarter last year, the company posted $0.11 earnings per share. Gain Capital Holdings’s revenue was up 52.2% compared to the same quarter last year. On average, analysts predict that Gain Capital Holdings will post $0.59 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, June 20th. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Tuesday, June 10th.
A number of analysts have recently weighed in on GCAP shares. Analysts at Zacks downgraded shares of Gain Capital Holdings from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $9.60 price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Gain Capital Holdings in a research note on Monday, May 12th. They now have a $9.50 price target on the stock, down previously from $11.50. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $11.42.
GAIN Capital Holdings Inc (NASDAQ:GCAP) is an independent provider of online forex trading.
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