Insider Selling: Wageworks General Counsel Unloads 35,000 Shares of Stock (WAGE)
Wageworks (NASDAQ:WAGE) General Counsel Kimberly L. Jackson sold 35,000 shares of Wageworks stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $45.49, for a total value of $1,592,150.00. Following the sale, the general counsel now directly owns 2,795 shares of the company’s stock, valued at approximately $127,145. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Wageworks (NASDAQ:WAGE) traded up 0.31% on Monday, hitting $45.39. The stock had a trading volume of 200,340 shares. Wageworks has a 52-week low of $33.04 and a 52-week high of $68.31. The stock’s 50-day moving average is $44.69 and its 200-day moving average is $49.35. The company has a market cap of $1.597 billion and a price-to-earnings ratio of 67.84.
Wageworks (NASDAQ:WAGE) last released its earnings data on Monday, August 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. The company had revenue of $58.80 million for the quarter, compared to the consensus estimate of $58.81 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. On average, analysts predict that Wageworks will post $0.91 EPS for the current fiscal year.
WageWorks, Inc is an on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits (NASDAQ:WAGE), in the United States.
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.