Shutterfly Director Sells $19,560 in Stock (SFLY)
Shutterfly (NASDAQ:SFLY) Director Philip A. Marineau sold 400 shares of the company’s stock on the open market in a transaction dated Friday, August 1st. The stock was sold at an average price of $48.90, for a total value of $19,560.00. Following the completion of the sale, the director now directly owns 53,738 shares of the company’s stock, valued at approximately $2,627,788. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Shutterfly (NASDAQ:SFLY) traded down 0.21% during mid-day trading on Friday, hitting $47.60. The stock had a trading volume of 60,875 shares. Shutterfly has a 1-year low of $36.30 and a 1-year high of $58.83. The stock’s 50-day moving average is $46.59 and its 200-day moving average is $44.76. The company’s market cap is $1.832 billion.
Shutterfly (NASDAQ:SFLY) last posted its quarterly earnings results on Wednesday, July 30th. The company reported ($0.70) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.74) by $0.04. The company had revenue of $159.10 million for the quarter, compared to the consensus estimate of $156.95 million. During the same quarter in the prior year, the company posted ($0.31) earnings per share. The company’s quarterly revenue was up 19.2% on a year-over-year basis. Analysts expect that Shutterfly will post $-0.17 EPS for the current fiscal year.
Shutterfly, Inc is an Internet-based social expression and personal publishing service that enables consumers to share, print and preserve their memories its technology, manufacturing, Web-design and merchandising capabilities.
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.