PC Connection Director Sells $202,900 in Stock (PCCC)
PC Connection (NASDAQ:PCCC) Director David Hall sold 10,000 shares of PC Connection stock on the open market in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $20.29, for a total transaction of $202,900.00. Following the transaction, the director now directly owns 357,802 shares in the company, valued at approximately $7,259,803. The sale was disclosed in a legal filing with the SEC, which is available at this link.
PC Connection (NASDAQ:PCCC) traded down 0.15% during mid-day trading on Wednesday, hitting $20.30. 34,194 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’s 50-day moving average is $20.54 and its 200-day moving average is $21.57. The company has a market cap of $532.0 million and a P/E ratio of 14.64.
PC Connection (NASDAQ:PCCC) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.27 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.23 earnings per share. PC Connection’s revenue was up 10.8% compared to the same quarter last year. 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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