Emerald Expositions Events, Inc. (NYSE:EEX) CEO David Loechner sold 40,071 shares of the stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $21.37, for a total value of $856,317.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

David Loechner also recently made the following trade(s):

  • On Monday, December 4th, David Loechner sold 53,139 shares of Emerald Expositions Events stock. The shares were sold at an average price of $22.34, for a total value of $1,187,125.26.

Shares of Emerald Expositions Events, Inc. (NYSE:EEX) traded down $0.13 during trading on Thursday, hitting $21.12. The stock had a trading volume of 196,642 shares, compared to its average volume of 174,164. Emerald Expositions Events, Inc. has a fifty-two week low of $18.67 and a fifty-two week high of $24.56. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.63 and a current ratio of 0.63.

Emerald Expositions Events (NYSE:EEX) last posted its earnings results on Thursday, November 2nd. The company reported $0.37 EPS for the quarter, meeting the consensus estimate of $0.37. Emerald Expositions Events had a return on equity of 7.09% and a net margin of 5.19%. The firm had revenue of $100.40 million for the quarter, compared to analysts’ expectations of $107.24 million. During the same period last year, the firm earned $0.43 EPS. The firm’s revenue was down .1% compared to the same quarter last year. research analysts expect that Emerald Expositions Events, Inc. will post 1.06 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Wednesday, November 15th.

A number of institutional investors and hedge funds have recently bought and sold shares of EEX. Nationwide Fund Advisors acquired a new stake in Emerald Expositions Events in the 2nd quarter valued at approximately $200,000. Stifel Financial Corp acquired a new stake in Emerald Expositions Events in the 3rd quarter valued at approximately $216,000. Atlantic Trust Group LLC acquired a new stake in Emerald Expositions Events in the 2nd quarter valued at approximately $274,000. Parametric Portfolio Associates LLC acquired a new stake in Emerald Expositions Events in the 2nd quarter valued at approximately $340,000. Finally, New York State Common Retirement Fund acquired a new stake in Emerald Expositions Events in the 2nd quarter valued at approximately $366,000. Hedge funds and other institutional investors own 26.61% of the company’s stock.

EEX has been the subject of a number of analyst reports. Zacks Investment Research downgraded Emerald Expositions Events from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 7th. Robert W. Baird upped their price objective on Emerald Expositions Events from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $24.40.

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Emerald Expositions Events Company Profile

Emerald Expositions Events, Inc (Emerald), formerly Expo Event Holdco, Inc, is an operator of business-to-business (B2B) trade shows. The Company operates across multiple sectors, which includes: Gift, Home and General Merchandise; Sports; Design and Construction; Technology; Jewelry; Other Trade Shows; and Other Events.

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