Insider Selling: PC Connection Director Sells 10,000 Shares of Stock (PCCC)
PC Connection (NASDAQ:PCCC) Director David Hall unloaded 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $20.62, for a total transaction of $206,200.00. Following the transaction, the director now directly owns 367,802 shares of the company’s stock, valued at approximately $7,584,077. The sale was disclosed in a document filed with the SEC, which is available at this link.
PC Connection (NASDAQ:PCCC) traded up 2.30% on Friday, hitting $20.91. 38,667 shares of the company’s stock traded hands. PC Connection has a 52-week low of $14.51 and a 52-week high of $25.94. The stock has a 50-day moving average of $20.56 and a 200-day moving average of $21.59. The company has a market cap of $547.9 million and a P/E ratio of 14.72.
PC Connection (NASDAQ:PCCC) last announced its earnings results on Thursday, May 1st. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.02. The company had revenue of $559.80 million for the quarter, compared to the consensus estimate of $524.70 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. On average, analysts predict that PC Connection will post $1.49 earnings per share for the current fiscal year.
PC Connection, Inc is a direct marketer of a range of information technology, or information technology (NASDAQ:PCCC), solutions.
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