Insider Selling: Wayside Technology VP Sells 1,086 Shares of Stock (WSTG)
Wayside Technology (NASDAQ:WSTG) VP Vito Legrottaglie unloaded 1,086 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $15.94, for a total value of $17,310.84. Following the completion of the transaction, the vice president now directly owns 17,132 shares of the company’s stock, valued at approximately $273,084. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Wayside Technology (NASDAQ:WSTG) opened at 15.52 on Friday. Wayside Technology has a 52 week low of $12.16 and a 52 week high of $23.40. The stock has a 50-day moving average of $15.99 and a 200-day moving average of $16.23. The company has a market cap of $73.0 million and a price-to-earnings ratio of 11.57.
Wayside Technology (NASDAQ:WSTG) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.31 earnings per share 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 4.38%. The ex-dividend date is Monday, August 4th.
Wayside Technology Group, Inc is an information technology (NASDAQ:WSTG) channel company.
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