Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Director Roger J. Heinen, Jr. sold 1,500 shares of Monotype Imaging Holdings stock in a transaction on Monday, August 14th. The shares were sold at an average price of $18.90, for a total transaction of $28,350.00. Following the completion of the sale, the director now owns 27,640 shares in the company, valued at $522,396. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Monotype Imaging Holdings Inc. (TYPE) traded down 3.63% during mid-day trading on Tuesday, hitting $18.60. 148,502 shares of the stock were exchanged. The stock’s 50 day moving average is $18.62 and its 200 day moving average is $19.78. Monotype Imaging Holdings Inc. has a 52-week low of $15.75 and a 52-week high of $24.45. The stock has a market cap of $737.62 million, a PE ratio of 641.38 and a beta of 0.92.

Monotype Imaging Holdings (NASDAQ:TYPE) last released its quarterly earnings data on Friday, July 28th. The software maker reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.06. Monotype Imaging Holdings had a net margin of 0.61% and a return on equity of 3.51%. The firm had revenue of $58.70 million during the quarter, compared to analysts’ expectations of $54.36 million. During the same period last year, the business earned $0.27 earnings per share. Monotype Imaging Holdings’s revenue was up 20.5% compared to the same quarter last year. Analysts forecast that Monotype Imaging Holdings Inc. will post $0.57 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Monday, October 2nd will be given a dividend of $0.113 per share. This represents a $0.45 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Friday, September 29th. Monotype Imaging Holdings’s payout ratio is currently 1,500.50%.

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A number of large investors have recently added to or reduced their stakes in TYPE. Susquehanna International Group LLP boosted its stake in Monotype Imaging Holdings by 139.8% in the second quarter. Susquehanna International Group LLP now owns 20,152 shares of the software maker’s stock valued at $369,000 after buying an additional 70,752 shares during the last quarter. State Street Corp boosted its stake in Monotype Imaging Holdings by 0.3% in the second quarter. State Street Corp now owns 1,048,771 shares of the software maker’s stock valued at $19,194,000 after buying an additional 3,201 shares during the last quarter. Royal Bank of Canada boosted its stake in Monotype Imaging Holdings by 0.9% in the second quarter. Royal Bank of Canada now owns 81,759 shares of the software maker’s stock valued at $1,496,000 after buying an additional 739 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Monotype Imaging Holdings by 8.9% in the second quarter. Goldman Sachs Group Inc. now owns 59,867 shares of the software maker’s stock valued at $1,096,000 after buying an additional 4,871 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in Monotype Imaging Holdings by 5.4% in the second quarter. Stifel Financial Corp now owns 110,727 shares of the software maker’s stock valued at $2,027,000 after buying an additional 5,707 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

TYPE has been the topic of a number of research reports. B. Riley downgraded shares of Monotype Imaging Holdings from a “buy” rating to a “neutral” rating and set a $21.00 target price on the stock. in a report on Monday, May 1st. Zacks Investment Research downgraded shares of Monotype Imaging Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Finally, BidaskClub upgraded shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 24th.

Monotype Imaging Holdings Company Profile

Monotype Imaging Holdings Inc is engaged in the development, marketing and licensing of technologies and fonts. The Company empowers expression and engagement for creatives, designers, engineers and marketers. It organizes its business operations into two areas: creative professionals and original equipment manufacturer (OEM).

Insider Buying and Selling by Quarter for Monotype Imaging Holdings (NASDAQ:TYPE)

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