UCP CFO Unloads $100,100 in Stock (UCP)
UCP (NYSE:UCP) CFO Herran William J. La sold 7,700 shares of UCP stock on the open market in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $13.00, for a total transaction of $100,100.00. Following the completion of the transaction, the chief financial officer now directly owns 43,373 shares in the company, valued at approximately $563,849. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of UCP (NYSE:UCP) opened at 13.04 on Friday. UCP has a one year low of $12.01 and a one year high of $17.10. The stock has a 50-day moving average of $12. and a 200-day moving average of $14.13. The company’s market cap is $103.3 million.
UCP (NYSE:UCP) last released its earnings data on Monday, August 11th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.09. The company had revenue of $63.60 million for the quarter, compared to the consensus estimate of $34.00 million. During the same quarter in the previous year, the company posted ($0.06) earnings per share. The company’s revenue for the quarter was up 129.6% on a year-over-year basis. Analysts expect that UCP will post $-0.18 EPS for the current fiscal year.
Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of UCP in a research note on Monday. They now have a $17.00 price target on the stock, down previously from $20.00.
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.