Houghton Mifflin Harcourt Insider Sells $973,987 in Stock (HMHC)
Houghton Mifflin Harcourt (NASDAQ:HMHC) Insider Linda Kay Zecher unloaded 52,762 shares of Houghton Mifflin Harcourt stock on the open market in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $18.46, for a total transaction of $973,986.52. Following the completion of the transaction, the insider now directly owns 19,379 shares in the company, valued at approximately $357,736. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Houghton Mifflin Harcourt (NASDAQ:HMHC) traded down 1.54% on Friday, hitting $18.55. The stock had a trading volume of 503,172 shares. Houghton Mifflin Harcourt has a 52 week low of $1.992 and a 52 week high of $21.00. The stock’s 50-day moving average is $18.09 and its 200-day moving average is $19.13. The company’s market cap is $2.597 billion.
Houghton Mifflin Harcourt (NASDAQ:HMHC) last announced its earnings results on Thursday, August 14th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.06. The company had revenue of $402.00 million for the quarter, compared to the consensus estimate of $378.31 million. On average, analysts predict that Houghton Mifflin Harcourt will post $0.04 earnings per share for the current fiscal year.
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