Insider Selling: Janet M. Dunlap Sells 3,021 Shares of Monotype Imaging Holdings Stock (TYPE)
Monotype Imaging Holdings (NASDAQ:TYPE) General Counsel Janet M. Dunlap sold 3,021 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $30.57, for a total transaction of $92,351.97. Following the completion of the transaction, the general counsel now directly owns 46,928 shares of the company’s stock, valued at approximately $1,434,589. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Monotype Imaging Holdings (NASDAQ:TYPE) opened at 29.74 on Thursday. Monotype Imaging Holdings has a one year low of $23.52 and a one year high of $33.25. The stock’s 50-day moving average is $29.24 and its 200-day moving average is $28.41. The company has a market cap of $1.151 billion and a price-to-earnings ratio of 39.43.
Monotype Imaging Holdings (NASDAQ:TYPE) last announced its quarterly earnings results 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 declared a quarterly dividend, which is scheduled for Tuesday, October 21st. Investors of record on Wednesday, October 1st will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.08%.
Monotype Imaging Holdings Inc (NASDAQ:TYPE) is a provider of text imaging solutions.
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