QAD CAO Kara Bellamy Sells 2,126 Shares (QADA)
QAD (NASDAQ:QADA) CAO Kara Bellamy sold 2,126 shares of the company’s stock on the open market in a transaction dated Friday, June 13th. The stock was sold at an average price of $22.00, for a total value of $46,772.00. Following the completion of the transaction, the chief accounting officer now directly owns 5,721 shares in the company, valued at approximately $125,862. The sale was disclosed in a legal filing with the SEC, which is available at this link.
QAD (NASDAQ:QADA) opened at 21.98 on Wednesday. QAD has a 1-year low of $11.10 and a 1-year high of $23.07. The stock has a 50-day moving average of $20.51 and a 200-day moving average of $18.86. The company has a market cap of $348.5 million and a P/E ratio of 47.18.
QAD (NASDAQ:QADA) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.08. The company had revenue of $68.50 million for the quarter, compared to the consensus estimate of $66.50 million. On average, analysts predict that QAD will post $0.65 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, July 2nd. Shareholders of record on Wednesday, June 25th will be given a dividend of $0.072 per share. This represents a $0.29 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Monday, June 23rd.
QAD Inc (NASDAQ:QADA) is a worldwide provider of enterprise software applications, and related services and support.
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