Insider Selling: Collectors Universe, Inc. (CLCT) CEO Sells 9,364 Shares of Stock
Collectors Universe, Inc. (NASDAQ:CLCT) CEO Robert G. Deuster sold 9,364 shares of Collectors Universe stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $25.23, for a total transaction of $236,253.72. Following the completion of the sale, the chief executive officer now owns 37,286 shares of the company’s stock, valued at $940,725.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Collectors Universe, Inc. (NASDAQ:CLCT) traded down 0.48% on Thursday, reaching $25.00. 40,491 shares of the company’s stock traded hands. Collectors Universe, Inc. has a one year low of $16.54 and a one year high of $28.83. The company’s 50-day moving average price is $26.19 and its 200 day moving average price is $23.10. The firm has a market cap of $223.00 million, a P/E ratio of 22.75 and a beta of 1.07.
Collectors Universe (NASDAQ:CLCT) last announced its quarterly earnings results on Wednesday, May 3rd. The business services provider reported $0.35 EPS for the quarter. Collectors Universe had a net margin of 13.70% and a return on equity of 63.04%. The firm had revenue of $18.60 million during the quarter.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 26th. Stockholders of record on Wednesday, May 17th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 5.60%. The ex-dividend date of this dividend is Monday, May 15th. Collectors Universe’s dividend payout ratio (DPR) is currently 130.84%.
Hedge funds have recently bought and sold shares of the stock. American International Group Inc. boosted its stake in Collectors Universe by 7.2% in the first quarter. American International Group Inc. now owns 4,608 shares of the business services provider’s stock valued at $120,000 after buying an additional 309 shares during the period. Goldman Sachs Group Inc. bought a new stake in Collectors Universe during the first quarter valued at $206,000. TFS Capital LLC bought a new stake in Collectors Universe during the first quarter valued at $234,000. Hillsdale Investment Management Inc. bought a new stake in Collectors Universe during the first quarter valued at $240,000. Finally, Bard Associates Inc. bought a new stake in Collectors Universe during the fourth quarter valued at $248,000. Hedge funds and other institutional investors own 41.21% of the company’s stock.
Collectors Universe Company Profile
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles.
Receive News & Ratings for Collectors Universe Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Collectors Universe Inc. and related companies with MarketBeat.com's FREE daily email newsletter.