Insider Selling: William Frederick Bayers Sells 15,000 Shares of Houghton Mifflin Harcourt Stock (HMHC)
Houghton Mifflin Harcourt (NASDAQ:HMHC) Insider William Frederick Bayers sold 15,000 shares of Houghton Mifflin Harcourt stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $18.48, for a total value of $277,200.00. Following the completion of the transaction, the insider now directly owns 3,137 shares in the company, valued at approximately $57,972. The sale was disclosed in a document filed with the SEC, which is available at this link.
Houghton Mifflin Harcourt (NASDAQ:HMHC) traded down 0.27% on Friday, hitting $18.61. 18,359 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 has a 50-day moving average of $17.9 and a 200-day moving average of $19.11. The company’s market cap is $2.615 billion.
Houghton Mifflin Harcourt (NASDAQ:HMHC) last issued its quarterly 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. On average, analysts predict that Houghton Mifflin Harcourt will post $-0.07 earnings per share for the current fiscal year.
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