Insider Selling: Span-America Medical VP Unloads 1,000 Shares of Stock (SPAN)
Span-America Medical (NASDAQ:SPAN) VP Clyde A. Shew unloaded 1,000 shares of the stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $22.00, for a total value of $22,000.00. Following the completion of the transaction, the vice president now directly owns 27,054 shares of the company’s stock, valued at approximately $595,188. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Span-America Medical (NASDAQ:SPAN) opened at 22.20 on Thursday. Span-America Medical has a 52-week low of $18.12 and a 52-week high of $25.02. The stock’s 50-day moving average is $21.30 and its 200-day moving average is $20.96. The company has a market cap of $65.7 million and a P/E ratio of 16.52.
Span-America Medical (NASDAQ:SPAN) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.04. The company had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $16.07 billion. On average, analysts predict that Span-America Medical will post $1.24 earnings per share for the current fiscal year.
Span-America Medical Systems, Inc manufactures and distributes a variety of therapeutic support surfaces and related products utilizing polyurethane and other foam products for the medical, consumer and industrial markets.
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