Insider Selling: Vito Legrottaglie Sells 1,086 Shares of Wayside Technology Stock (WSTG)
Wayside Technology (NASDAQ:WSTG) VP Vito Legrottaglie sold 1,086 shares of Wayside Technology stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $15.94, for a total transaction of $17,310.84. Following the sale, the vice president now directly owns 17,132 shares of the company’s stock, valued at approximately $273,084. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Wayside Technology (NASDAQ:WSTG) traded down 3.30% on Friday, hitting $15.52. The stock had a trading volume of 14,717 shares. Wayside Technology has a 52 week low of $12.14 and a 52 week high of $23.40. The stock has a 50-day moving average of $16.00 and a 200-day moving average of $16.24. The company has a market cap of $73.0 million and a price-to-earnings ratio of 11.57.
Wayside Technology (NASDAQ:WSTG) last announced its earnings results on Thursday, July 24th. The company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $84.40 million for the quarter, compared to the consensus estimate of $74.10 million. On average, analysts predict that Wayside Technology will post $1.25 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 15th. Stockholders of record on Wednesday, August 6th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 4.45%. The ex-dividend date is Monday, August 4th.
Wayside Technology Group, Inc is an information technology (NASDAQ:WSTG) channel company.
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