Monotype Imaging Holdings CFO Sells $59,260 in Stock (TYPE)
Monotype Imaging Holdings (NASDAQ:TYPE) CFO Scott E. Landers unloaded 2,000 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $29.63, for a total transaction of $59,260.00. Following the transaction, the chief financial officer now directly owns 62,782 shares in the company, valued at approximately $1,860,231. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Monotype Imaging Holdings (NASDAQ:TYPE) traded down 0.17% on Tuesday, hitting $29.82. The stock had a trading volume of 152,774 shares. Monotype Imaging Holdings has a 52 week low of $23.52 and a 52 week high of $33.25. The stock has a 50-day moving average of $28.36 and a 200-day moving average of $28.38. The company has a market cap of $1.154 billion and a P/E ratio of 38.59.
Monotype Imaging Holdings (NASDAQ:TYPE) last issued its quarterly earnings data on Monday, July 28th. The company reported $0.27 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.27. The company had revenue of $45.00 million for the quarter, compared to the consensus estimate of $44.94 million. During the same quarter last year, the company posted $0.28 earnings per share. Monotype Imaging Holdings’s revenue was up 9.5% compared to the same quarter last year. On average, analysts predict that Monotype Imaging Holdings will post $1.13 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 21st. Shareholders of record on Wednesday, October 1st will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.07%.
Monotype Imaging Holdings Inc (NASDAQ:TYPE) is a provider of text imaging solutions.
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