Monotype Imaging Holdings VP Unloads $59,720 in Stock (TYPE)
Monotype Imaging Holdings (NASDAQ:TYPE) VP Steven R. Martin sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $29.86, for a total value of $59,720.00. Following the completion of the sale, the vice president now directly owns 61,318 shares of the company’s stock, valued at approximately $1,830,955. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Monotype Imaging Holdings (NASDAQ:TYPE) traded up 0.50% during mid-day trading on Friday, hitting $30.27. The stock had a trading volume of 102,084 shares. Monotype Imaging Holdings has a 1-year low of $23.52 and a 1-year high of $33.25. The stock has a 50-day moving average of $28.67 and a 200-day moving average of $28.39. The company has a market cap of $1.172 billion and a P/E ratio of 38.91.
Monotype Imaging Holdings (NASDAQ:TYPE) last posted its quarterly earnings results 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. Analysts expect that Monotype Imaging Holdings will post $1.13 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 21st. Shareholders of record on Wednesday, October 1st will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.06%.
Monotype Imaging Holdings Inc (NASDAQ:TYPE) is a provider of text imaging solutions.
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