Insider Selling: EMCORE CFO Sells 1,327 Shares of Stock (EMKR)
EMCORE (NASDAQ:EMKR) CFO Mark Weinswig sold 1,327 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $4.23, for a total transaction of $5,613.21. Following the transaction, the chief financial officer now directly owns 36,671 shares of the company’s stock, valued at approximately $155,118. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of EMCORE (NASDAQ:EMKR) traded down 0.05% during mid-day trading on Wednesday, hitting $4.378. 16,030 shares of the company’s stock traded hands. EMCORE has a one year low of $3.50 and a one year high of $5.62. The stock’s 50-day moving average is $4.0 and its 200-day moving average is $4.44. The company’s market cap is $134.4 million.
EMCORE (NASDAQ:EMKR) last released its earnings data on Monday, August 11th. The company reported ($0.09) earnings per share for the quarter, beating the analysts’ 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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