Insider Selling: Houghton Mifflin Harcourt Insider Unloads 15,000 Shares of Stock (HMHC)
Houghton Mifflin Harcourt (NASDAQ:HMHC) Insider William Frederick Bayers sold 15,000 shares of the company’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $18.48, for a total transaction of $277,200.00. Following the completion of the sale, the insider now directly owns 3,137 shares of the company’s stock, valued at approximately $57,972. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Houghton Mifflin Harcourt (NASDAQ:HMHC) traded down 0.38% during mid-day trading on Wednesday, hitting $18.50. 1,517,469 shares of the company’s stock traded hands. 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 $18.04 and its 200-day moving average is $19.12. The company’s market cap is $2.599 billion.
Houghton Mifflin Harcourt (NASDAQ:HMHC) last released its earnings data 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. Analysts expect that Houghton Mifflin Harcourt will post $-0.06 EPS for the current fiscal year.
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