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Lionbridge Technologies (NASDAQ:LIOX) SVP Henri Broekmate sold 30,000 shares of the stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $5.06, for a total transaction of $151,800.00. Following the sale, the senior vice president now directly owns 365,089 shares of the company’s stock, valued at approximately $1,847,350. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Lionbridge Technologies (NASDAQ:LIOX) traded down 5.56% during mid-day trading on Tuesday, hitting $4.76. 334,402 shares of the company’s stock traded hands. Lionbridge Technologies has a 1-year low of $3.34 and a 1-year high of $7.50. The stock has a 50-day moving average of $5.7 and a 200-day moving average of $6.11. The company has a market cap of $288.1 million and a price-to-earnings ratio of 18.74.

Lionbridge Technologies (NASDAQ:LIOX) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.14. The company had revenue of $130.50 million for the quarter, compared to the consensus estimate of $727.20 million. During the same quarter last year, the company posted $0.06 earnings per share. Lionbridge Technologies’s revenue was up 5.8% compared to the same quarter last year. Analysts expect that Lionbridge Technologies will post $0.17 earnings per share for the current fiscal year.

Separately, analysts at Zacks downgraded shares of Lionbridge Technologies from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 24th. They now have a $6.70 price target on the stock.

Lionbridge Technologies, Inc (NASDAQ:LIOX) is a provider of language, content and testing solutions that enable clients to optimize, release, manage, test and maintain their technology applications and content in global markets.

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