Share on StockTwits

Mandalay Digital Group (NASDAQ:MNDL) COO William Gordon Stone III sold 2,917 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $5.40, for a total value of $15,751.80. Following the sale, the chief operating officer now directly owns 285,416 shares in the company, valued at approximately $1,541,246. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Mandalay Digital Group (NASDAQ:MNDL) opened at 5.23 on Friday. Mandalay Digital Group has a 52-week low of $2.28 and a 52-week high of $6.00. The stock has a 50-day moving average of $4.25 and a 200-day moving average of $3.94. The company’s market cap is $196.0 million.

Mandalay Digital Group (NASDAQ:MNDL) last announced its earnings results on Thursday, August 14th. The company reported ($0.12) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.10) by $0.02. The company had revenue of $5.55 million for the quarter, compared to the consensus estimate of $7.07 million.

Mandalay Digital Group, Inc (NASDAQ:MNDL), formerly NeuMedia, Inc, is a provider of mobile services enabling mobile content distribution and transactions serving mobile operators, end consumers, and original equipment manufacturers (OEM’s) of mobile devices and tablets.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.