Exactech Director Unloads $210,058 in Stock (EXAC)
Exactech (NASDAQ:EXAC) Director Albert H. Burstein unloaded 8,852 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $23.73, for a total value of $210,057.96. Following the completion of the transaction, the director now directly owns 17,284 shares of the company’s stock, valued at approximately $410,149. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Exactech (NASDAQ:EXAC) traded down 0.80% during mid-day trading on Tuesday, hitting $23.60. 32,752 shares of the company’s stock traded hands. Exactech has a 52-week low of $18.34 and a 52-week high of $26.52. The stock has a 50-day moving average of $23.6 and a 200-day moving average of $23.3. The company has a market cap of $324.6 million and a P/E ratio of 20.51.
Exactech (NASDAQ:EXAC) last released its earnings data on Monday, July 28th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. The company had revenue of $63.92 million for the quarter, compared to the consensus estimate of $63.80 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Analysts expect that Exactech will post $1.21 EPS for the current fiscal year.
Separately, analysts at Canaccord Genuity raised their price target on shares of Exactech from $31.00 to $32.00 in a research note on Wednesday, July 30th.
Exactech, Inc develops, manufactures and sells orthopedic implant devices, related surgical instruments and biological material and services to make patients more mobile.
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