Insider Selling: Egalet Corp CFO Sells 13,920 Shares of Stock (EGLT)
Egalet Corp (NASDAQ:EGLT) CFO Stan Musial sold 13,920 shares of Egalet Corp stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $11.05, for a total transaction of $153,816.00. Following the sale, the chief financial officer now directly owns 125,820 shares of the company’s stock, valued at approximately $1,390,311. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Egalet Corp (NASDAQ:EGLT) traded down 2.87% on Friday, hitting $10.50. The stock had a trading volume of 25,043 shares. Egalet Corp has a 52-week low of $9.54 and a 52-week high of $19.85. The stock has a 50-day moving average of $12.67 and a 200-day moving average of $13.06. The company’s market cap is $166.8 million.
Egalet Corp (NASDAQ:EGLT) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($1.39) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.16) by $1.23. On average, analysts predict that Egalet Corp will post $-2.67 earnings per share for the current fiscal year.
Egalet Corporation is a specialty pharmaceutical company developing and focuses on commercializing, abuse-deterrent oral products for the treatment of pain and in other indications.
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.