Insider Selling: EMCORE Insider Unloads 1,397 Shares of Stock (EMKR)
EMCORE (NASDAQ:EMKR) Insider Berkel Monica Van sold 1,397 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $4.23, for a total value of $5,909.31. Following the sale, the insider now directly owns 27,173 shares of the company’s stock, valued at approximately $114,942. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of EMCORE (NASDAQ:EMKR) traded up 0.23% on Thursday, hitting $4.38. 23,752 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 has a 50-day moving average of $4.06 and a 200-day moving average of $4.44. The company’s market cap is $134.5 million.
EMCORE (NASDAQ:EMKR) last announced its earnings results on Monday, August 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the 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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