Profire Energy CFO Andrew Limpert Sells 250,000 Shares (PFIE)
Profire Energy (NASDAQ:PFIE) CFO Andrew Limpert sold 250,000 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $4.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the chief financial officer now directly owns 3,271,937 shares of the company’s stock, valued at approximately $13,087,748. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Profire Energy (NASDAQ:PFIE) traded down 7.38% on Thursday, hitting $4.52. The stock had a trading volume of 624,004 shares. Profire Energy has a 52 week low of $1.26 and a 52 week high of $5.89. The stock’s 50-day moving average is $4.5 and its 200-day moving average is $3.94. The company has a market cap of $216.2 million and a price-to-earnings ratio of 40.67.
Profire Energy (NASDAQ:PFIE) last issued its quarterly earnings data on Tuesday, July 1st. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.02. Analysts expect that Profire Energy will post $0.13 EPS for the current fiscal year.
Profire Energy, Inc is engaged in the business of developing combustion management technologies for the oil and gases industry.
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