Insider Selling: American Capital SVP Unloads 3,133 Shares of Stock (ACAS)
American Capital (NASDAQ:ACAS) SVP Brian Graff sold 3,133 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $15.51, for a total value of $48,592.83. Following the transaction, the senior vice president now directly owns 115,585 shares in the company, valued at approximately $1,792,723. The transaction was disclosed in a filing with the SEC, which is available at this link.
American Capital (NASDAQ:ACAS) traded up 0.03% during mid-day trading on Thursday, hitting $15.465. The stock had a trading volume of 2,192,403 shares. American Capital has a 52 week low of $12.78 and a 52 week high of $16.37. The stock’s 50-day moving average is $15.35 and its 200-day moving average is $15.12. The company has a market cap of $4.078 billion and a price-to-earnings ratio of 44.81.
American Capital (NASDAQ:ACAS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.15 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.18 by $0.03. The company had revenue of $100.00 million for the quarter, compared to the consensus estimate of $106.88 million. During the same quarter last year, the company posted $0.16 earnings per share. American Capital’s revenue was down 23.1% compared to the same quarter last year. On average, analysts predict that American Capital will post $0.60 earnings per share for the current fiscal year.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of American Capital in a research note on Thursday, August 14th. They now have a $16.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $17.83.
American Capital, Ltd. (NASDAQ:ACAS) is an equity firm and global asset manager.
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