Insider Selling: American Software Director Sells 6,000 Shares of Stock (AMSWA)
American Software (NASDAQ:AMSWA) Director Dennis Hogue sold 6,000 shares of the stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $9.92, for a total transaction of $59,520.00. Following the completion of the transaction, the director now directly owns 11,000 shares in the company, valued at approximately $109,120. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of American Software (NASDAQ:AMSWA) traded up 4.45% on Tuesday, hitting $10.32. The stock had a trading volume of 111,968 shares. American Software has a 52-week low of $7.54 and a 52-week high of $11.12. The stock’s 50-day moving average is $9.67 and its 200-day moving average is $9.91. The company has a market cap of $289.6 million and a P/E ratio of 26.70.
American Software (NASDAQ:AMSWA) last posted its quarterly earnings results on Wednesday, June 25th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.01. The company had revenue of $25.90 million for the quarter, compared to the consensus estimate of $26.56 million. On average, analysts predict that American Software will post $0.42 earnings per share for the current fiscal year.
American Software, Inc (NASDAQ:AMSWA) develops, markets and supports a portfolio of software and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.