Insider Selling: Steve Berkowitz Unloads 15,000 Shares of Move Stock (MOVE)
Move (NASDAQ:MOVE) CEO Steve Berkowitz sold 15,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 14th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, 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.
Move (NASDAQ:MOVE) traded up 3.23% during mid-day trading on Monday, hitting $15.33. 68,250 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’s 50-day moving average is $14.4 and its 200-day moving average is $12.87. The company’s market cap is $615.9 million.
Move (NASDAQ:MOVE) last announced its earnings results on Tuesday, July 29th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, analysts predict that Move will post $0.25 earnings per share 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.
Receive News & Ratings for Move Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Move Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.