Insider Selling: Donald Glickman Unloads 10,260 Shares of Monro Muffler Brake Stock (MNRO)
Monro Muffler Brake (NASDAQ:MNRO) Director Donald Glickman sold 10,260 shares of Monro Muffler Brake stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $51.57, for a total value of $529,108.20. Following the transaction, the director now directly owns 166,955 shares of the company’s stock, valued at approximately $8,609,869. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Monro Muffler Brake (NASDAQ:MNRO) traded up 1.13% on Wednesday, hitting $52.09. The stock had a trading volume of 133,021 shares. Monro Muffler Brake has a 52-week low of $41.35 and a 52-week high of $62.11. The stock has a 50-day moving average of $52.72 and a 200-day moving average of $55.27. The company has a market cap of $1.707 billion and a price-to-earnings ratio of 29.12.
Monro Muffler Brake (NASDAQ:MNRO) last announced its earnings results on Thursday, July 24th. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.54 by $0.02. The company had revenue of $217.51 million for the quarter, compared to the consensus estimate of $221.98 million. During the same quarter in the prior year, the company posted $0.42 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts predict that Monro Muffler Brake will post $2.03 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 28th. Shareholders of record on Monday, August 18th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Thursday, August 14th.
Monro Muffler Brake, Inc (NASDAQ:MNRO) is a chain of 803 Company-operated stores (as of March 31, 2012), three franchised locations and 14 dealer-operated stores providing automotive undercar repair and tire services in the United States.
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