Insider Selling: A H Belo Corp CFO Unloads 30,000 Shares of Stock (AHC)
A H Belo Corp (NYSE:AHC) CFO Alison K. Engel unloaded 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $11.15, for a total transaction of $334,500.00. Following the completion of the sale, the chief financial officer now directly owns 29,077 shares of the company’s stock, valued at approximately $324,209. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A H Belo Corp (NYSE:AHC) remained flat at $11.31 during during mid-day trading trading on Friday. The stock had a trading volume of 35,700 shares. A H Belo Corp has a 52 week low of $6.85 and a 52 week high of $13.00. The stock has a 50-day moving average of $11.22 and a 200-day moving average of $11.27. The company has a market cap of $248.3 million and a price-to-earnings ratio of 6.29.
A H Belo Corp (NYSE:AHC) last announced its earnings results on Monday, July 28th. The company reported $0.85 earnings per share (EPS) for the quarter. The company had revenue of $69.30 million for the quarter, compared to the consensus estimate of $69.12 million. Analysts expect that A H Belo Corp will post $0.32 EPS for the current fiscal year.
Separately, analysts at Gabelli downgraded shares of A H Belo Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, July 30th.
A.H. Belo Corporation is a news and information company, which owns and operates three daily newspapers and 11 associated Websites.
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