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Matthews International Corp. (NASDAQ:MATW) Insider Brian J. Dunn sold 18,666 shares of Matthews International Corp. stock on the open market in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $46.23, for a total transaction of $862,929.18. Following the completion of the transaction, the insider now directly owns 61,219 shares in the company, valued at approximately $2,830,154. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Matthews International Corp. (NASDAQ:MATW) traded up 0.19% on Monday, hitting $46.39. The stock had a trading volume of 119,646 shares. Matthews International Corp. has a 1-year low of $36.27 and a 1-year high of $46.92. The stock has a 50-day moving average of $43.78 and a 200-day moving average of $41.53. The company has a market cap of $1.523 billion and a price-to-earnings ratio of 24.11.

Matthews International Corp. (NASDAQ:MATW) last issued its quarterly earnings data on Thursday, July 17th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.05. The company had revenue of $279.98 million for the quarter, compared to the consensus estimate of $260.63 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. The company’s quarterly revenue was up 11.7% on a year-over-year basis. On average, analysts predict that Matthews International Corp. will post $2.68 earnings per share for the current fiscal year.

Matthews International Corporation (NASDAQ:MATW) is a designer, manufacturer and marketer of memorialization products and brand solutions.

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