LMI Aerospace Director Sells $543,960 in Stock (LMIA)
LMI Aerospace (NASDAQ:LMIA) Director Ronald S. Saks sold 36,000 shares of the company’s stock on the open market in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $15.11, for a total transaction of $543,960.00. Following the completion of the sale, the director now directly owns 1,095,380 shares in the company, valued at approximately $16,551,192. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
LMI Aerospace (NASDAQ:LMIA) traded up 0.46% on Thursday, hitting $15.14. The stock had a trading volume of 45,532 shares. LMI Aerospace has a one year low of $10.81 and a one year high of $16.40. The stock’s 50-day moving average is $13.82 and its 200-day moving average is $13.93. The company’s market cap is $192.8 million.
LMI Aerospace (NASDAQ:LMIA) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.08. The company had revenue of $105.90 million for the quarter, compared to the consensus estimate of $99.60 million. During the same quarter last year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts predict that LMI Aerospace will post $-0.02 earnings per share for the current fiscal year.
LMI Aerospace, Inc (NASDAQ:LMIA) is a provider of design engineering services, structural assemblies, kits and components to the aerospace, defense and technology markets.