Insider Selling: Dustin L. Bogue Sells 13,500 Shares of UCP Stock (UCP)
UCP (NYSE:UCP) CEO Dustin L. Bogue unloaded 13,500 shares of UCP stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $12.85, for a total transaction of $173,475.00. Following the sale, the chief executive officer now directly owns 74,846 shares of the company’s stock, valued at approximately $961,771. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of UCP (NYSE:UCP) traded down 1.01% during mid-day trading on Wednesday, hitting $12.76. 31,582 shares of the company’s stock traded hands. UCP has a 52 week low of $12.01 and a 52 week high of $17.10. The stock’s 50-day moving average is $12.75 and its 200-day moving average is $14.02. The company’s market cap is $101.1 million.
UCP (NYSE:UCP) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.09. The company had revenue of $63.60 million for the quarter, compared to the consensus estimate of $34.00 million. During the same quarter in the previous year, the company posted ($0.06) earnings per share. The company’s revenue for the quarter was up 129.6% on a year-over-year basis. Analysts expect that UCP will post $-0.18 EPS for the current fiscal year.
Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of UCP in a research note on Monday, August 18th. They now have a $17.00 price target on the stock, down previously from $20.00.