Emerald Expositions Events, Inc. (NYSE:EEX) CEO David Loechner sold 74,777 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $20.81, for a total value of $1,556,109.37. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
David Loechner also recently made the following trade(s):
- On Wednesday, December 6th, David Loechner sold 40,071 shares of Emerald Expositions Events stock. The shares were sold at an average price of $21.37, for a total value of $856,317.27.
- 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.
Emerald Expositions Events, Inc. (EEX) traded down $0.35 during mid-day trading on Monday, reaching $19.86. The company’s stock had a trading volume of 186,806 shares, compared to its average volume of 174,223. Emerald Expositions Events, Inc. has a 52 week low of $18.67 and a 52 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.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend was Wednesday, November 15th.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Neuberger Berman Group LLC bought a new position in shares of Emerald Expositions Events in the third quarter worth about $877,000. Bamco Inc. NY raised its stake in shares of Emerald Expositions Events by 7.5% in the third quarter. Bamco Inc. NY now owns 1,075,000 shares of the company’s stock worth $24,983,000 after buying an additional 75,000 shares during the period. Stifel Financial Corp bought a new position in shares of Emerald Expositions Events in the third quarter worth about $216,000. Schwab Charles Investment Management Inc. raised its stake in shares of Emerald Expositions Events by 5.3% in the third quarter. Schwab Charles Investment Management Inc. now owns 55,295 shares of the company’s stock worth $1,286,000 after buying an additional 2,803 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Emerald Expositions Events by 506.4% in the third quarter. Wells Fargo & Company MN now owns 270,657 shares of the company’s stock worth $6,291,000 after buying an additional 226,026 shares during the period. 26.61% of the stock is currently owned by hedge funds and other institutional investors.
Several equities research analysts recently commented on the company. Zacks Investment Research raised Emerald Expositions Events from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Robert W. Baird increased their target price on Emerald Expositions Events from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus 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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