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JTH Holding (NYSE:TAX) major shareholder Business Services Ltd Datatax sold 116,437 shares of the company’s stock on the open market in a transaction dated Monday, June 23rd. The stock was sold at an average price of $31.00, for a total transaction of $3,609,547.00. Following the completion of the transaction, the insider now directly owns 2,581,624 shares in the company, valued at approximately $80,030,344. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Several analysts have recently commented on the stock. Analysts at Barrington Research raised their price target on shares of JTH Holding from $33.00 to $37.00 in a research note on Thursday, June 19th. Analysts at TheStreet upgraded shares of JTH Holding from a “hold” rating to a “buy” rating in a research note on Tuesday, June 17th.

JTH Holding (NYSE:TAX) traded up 1.07% on Tuesday, hitting $31.99. The stock had a trading volume of 40,796 shares. JTH Holding has a one year low of $15.90 and a one year high of $31.73. The stock has a 50-day moving average of $27.76 and a 200-day moving average of $26.44. The company has a market cap of $420.8 million and a P/E ratio of 20.93.

JTH Holding (NYSE:TAX) last issued its quarterly earnings data on Wednesday, June 18th. The company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by $0.02. During the same quarter in the previous year, the company posted $0.08 earnings per share. On average, analysts predict that JTH Holding will post $1.48 earnings per share for the current fiscal year.

JTH Holding, Inc (NYSE:TAX) is a holding company engaged through its subsidiaries as a franchisor and operator of a system of income tax preparation offices located in the United States and Canada.

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