Tessco Technologies CEO Robert B. Barnhill, Jr. Sells 2,306 Shares (TESS)
Tessco Technologies (NASDAQ:TESS) CEO Robert B. Barnhill, Jr. unloaded 2,306 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $30.90, for a total transaction of $71,255.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Tessco Technologies (NASDAQ:TESS) traded up 1.44% during mid-day trading on Thursday, hitting $31.63. 19,336 shares of the company’s stock traded hands. Tessco Technologies has a 52 week low of $29.37 and a 52 week high of $41.99. The stock has a 50-day moving average of $31.06 and a 200-day moving average of $32.97. The company has a market cap of $263.5 million and a P/E ratio of 16.75.
Tessco Technologies (NASDAQ:TESS) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.01. The company had revenue of $152.90 million for the quarter, compared to the consensus estimate of $143.57 million. On average, analysts predict that Tessco Technologies will post $2.09 earnings per share for the current fiscal year.
TESSCO Technologies Incorporated (NASDAQ:TESS) architects and delivers the product and value chain solutions to organizations responsible for building, operating and maintaining wireless broadband systems.
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