Share on StockTwits

FXCM (NASDAQ:FXCM) COO David Sakhai unloaded 7,277 shares of FXCM stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $13.77, for a total value of $100,204.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of FXCM (NASDAQ:FXCM) traded up 0.22% on Friday, hitting $13.65. 39,847 shares of the company’s stock traded hands. FXCM has a 1-year low of $12.05 and a 1-year high of $19.97. The stock’s 50-day moving average is $13.52 and its 200-day moving average is $14.72. The company’s market cap is $626.7 million.

FXCM (NASDAQ:FXCM) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.04. The company had revenue of $97.90 million for the quarter, compared to the consensus estimate of $96.30 million. During the same quarter last year, the company posted $0.31 earnings per share. FXCM’s revenue was down 30.1% compared to the same quarter last year. Analysts expect that FXCM will post $0.11 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Investors of record on Friday, September 5th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Wednesday, September 3rd.

A number of analysts have recently weighed in on FXCM shares. Analysts at Sandler O’Neill cut their price target on shares of FXCM from $14.00 to $13.50 in a research note on Friday, August 8th. Separately, analysts at Credit Suisse cut their price target on shares of FXCM from $15.50 to $12.00 in a research note on Friday, August 8th. They now have an “outperform” rating on the stock. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of FXCM in a research note on Friday, August 8th. They now have a $16.00 price target on the stock, down previously from $17.00. Six analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of $14.67.

FXCM Inc (NASDAQ:FXCM) is an online provider of foreign exchange (FX) trading and related services to approximately 170,930 active retail customers globally.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.