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Gain Capital Holdings (NASDAQ:GCAP) CEO Glenn Henry Stevens unloaded 62,000 shares of the stock on the open market in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $7.78, for a total value of $482,360.00. Following the transaction, the chief executive officer now directly owns 608,482 shares in the company, valued at approximately $4,733,990. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Gain Capital Holdings (NASDAQ:GCAP) traded up 0.26% on Thursday, hitting $7.59. 179,467 shares of the company’s stock traded hands. Gain Capital Holdings has a 52 week low of $5.20 and a 52 week high of $14.62. The stock’s 50-day moving average is $7.95 and its 200-day moving average is $9.16. The company has a market cap of $304.7 million and a P/E ratio of 10.72.

Gain Capital Holdings (NASDAQ:GCAP) last announced its earnings results on Thursday, May 8th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.11. The company had revenue of $75.80 million for the quarter, compared to the consensus estimate of $85.06 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 52.2% on a year-over-year basis. Analysts expect that Gain Capital Holdings will post $0.59 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Gain Capital Holdings from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $9.60 price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Gain Capital Holdings in a research note on Monday, May 12th. They now have a $9.50 price target on the stock, down previously from $11.50. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Gain Capital Holdings has a consensus rating of “Buy” and a consensus target price of $11.42.

GAIN Capital Holdings Inc (NASDAQ:GCAP) is an independent provider of online forex trading.

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