Exa Corp CEO Stephen A. Remondi Sells 10,000 Shares (EXA)
Exa Corp (NYSE:EXA) CEO Stephen A. Remondi sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $12.02, for a total transaction of $120,200.00. Following the completion of the transaction, the chief executive officer now directly owns 142,359 shares in the company, valued at approximately $1,711,155. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Exa Corp (NYSE:EXA) traded up 2.45% during mid-day trading on Thursday, hitting $12.55. The stock had a trading volume of 36,028 shares. Exa Corp has a 52-week low of $8.45 and a 52-week high of $16.42. The stock has a 50-day moving average of $9.83 and a 200-day moving average of $11.14. The company’s market cap is $173.3 million.
Exa Corp (NYSE:EXA) last announced its earnings results on Wednesday, August 27th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.02. The company had revenue of $14.80 million for the quarter, compared to the consensus estimate of $14.48 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was up 16.5% on a year-over-year basis. On average, analysts predict that Exa Corp will post $-1.20 earnings per share for the current fiscal year.
Exa Corporation (NYSE:EXA) is engaged in developing, selling and supporting simulation software and services that vehicle manufacturer’s use.
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