Move CEO Steve Berkowitz Sells 15,000 Shares (MOVE)
Move (NASDAQ:MOVE) CEO Steve Berkowitz sold 15,000 shares of Move stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $14.70, for a total transaction of $220,500.00. Following the completion of the transaction, the chief executive officer now directly owns 363,058 shares of the company’s stock, valued at approximately $5,336,953. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Telsey Advisory Group reiterated a “” rating on shares of Move in a research note on Wednesday, July 30th. They now have a $18.00 price target on the stock.
Shares of Move (NASDAQ:MOVE) traded down 0.68% on Thursday, hitting $14.66. 333,528 shares of the company’s stock traded hands. Move has a one year low of $9.47 and a one year high of $18.36. The stock has a 50-day moving average of $14.48 and a 200-day moving average of $12.86. The company’s market cap is $589.0 million.
Move (NASDAQ:MOVE) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.01. The company had revenue of $61.30 million for the quarter, compared to the consensus estimate of $61.92 million. During the same quarter last year, the company posted $0.11 earnings per share. Move’s revenue was up 6.6% compared to the same quarter last year. Analysts expect that Move will post $0.25 EPS for the current fiscal year.
Move, Inc (NASDAQ:MOVE) operates an online network of Websites for real estate search, finance, moving and home enthusiasts and provides a resource for consumers seeking the online information and connections they need regarding real estate.
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