Insider Selling: Monotype Imaging Holdings EVP Unloads 3,374 Shares of Stock (TYPE)
Monotype Imaging Holdings (NASDAQ:TYPE) EVP John L. Seguin sold 3,374 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $25.75, for a total value of $86,880.50. Following the transaction, the executive vice president now directly owns 36,039 shares of the company’s stock, valued at approximately $928,004. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Monotype Imaging Holdings (NASDAQ:TYPE) traded up 1.26% on Tuesday, hitting $26.43. The stock had a trading volume of 216,600 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 $26.11 and its 200-day moving average is $28.9. The company has a market cap of $1.023 billion and a price-to-earnings ratio of 33.90.
Monotype Imaging Holdings (NASDAQ:TYPE) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the 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 in the previous year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, analysts predict that Monotype Imaging Holdings will post $1.16 earnings per share for the current fiscal year.
Monotype Imaging Holdings Inc (NASDAQ:TYPE) is a provider of text imaging solutions.
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