Insider Selling: EMCORE Insider Unloads 1,397 Shares of Stock (EMKR)
EMCORE (NASDAQ:EMKR) Insider Berkel Monica Van unloaded 1,397 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $4.23, for a total value of $5,909.31. Following the transaction, the insider now directly owns 27,173 shares in the company, valued at approximately $114,942. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
EMCORE (NASDAQ:EMKR) traded up 3.30% during mid-day trading on Tuesday, hitting $4.38. The stock had a trading volume of 210,442 shares. EMCORE has a 52 week low of $3.50 and a 52 week high of $5.62. The stock has a 50-day moving average of $4.0 and a 200-day moving average of $4.44. The company’s market cap is $134.5 million.
EMCORE (NASDAQ:EMKR) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.14) by $0.05. On average, analysts predict that EMCORE will post $-0.20 earnings per share for the current fiscal year.
EMCORE Corporation (NASDAQ:EMKR) offers a portfolio of compound semiconductor-based products for the broadband, fiber optics, space and solar power markets.
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