Insider Selling: Monotype Imaging Holdings Director Sells 10,000 Shares of Stock (TYPE)
Monotype Imaging Holdings (NASDAQ:TYPE) Director Roger J. Heinen, Jr. sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $30.32, for a total value of $303,200.00. Following the transaction, the director now directly owns 6,440 shares in the company, valued at approximately $195,261. The transaction was disclosed in a filing with the SEC, which is available at this link.
Monotype Imaging Holdings (NASDAQ:TYPE) traded up 1.16% on Monday, hitting $30.64. The stock had a trading volume of 140,858 shares. Monotype Imaging Holdings has a 52-week low of $23.52 and a 52-week high of $33.25. The stock has a 50-day moving average of $29.10 and a 200-day moving average of $28.40. The company has a market cap of $1.186 billion and a price-to-earnings ratio of 39.13.
Monotype Imaging Holdings (NASDAQ:TYPE) last released its earnings data on Monday, July 28th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $45.00 million for the quarter, compared to the consensus estimate of $44.94 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. Analysts expect that Monotype Imaging Holdings will post $1.13 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 21st. Shareholders of record on Wednesday, October 1st will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.05%.
Monotype Imaging Holdings Inc (NASDAQ:TYPE) is a provider of text imaging solutions.
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