Philip S. Sassower Sells 14,689 Shares of Xplore Technologies Corp (XPLR) Stock
Xplore Technologies Corp (NASDAQ:XPLR) Chairman Philip S. Sassower sold 14,689 shares of the stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $3.51, for a total transaction of $51,558.39. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Xplore Technologies Corp (NASDAQ XPLR) traded up 1.89% on Friday, reaching $3.23. 24,107 shares of the company’s stock traded hands. The company’s 50 day moving average is $2.61 and its 200-day moving average is $2.15. Xplore Technologies Corp has a 52-week low of $1.54 and a 52-week high of $4.10. The stock’s market cap is $35.55 million.
Xplore Technologies Corp (NASDAQ:XPLR) last released its quarterly earnings results on Wednesday, August 9th. The technology company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.06. Xplore Technologies Corp had a negative net margin of 0.69% and a negative return on equity of 1.92%. The business had revenue of $20 million for the quarter, compared to analysts’ expectations of $17.20 million. Equities analysts expect that Xplore Technologies Corp will post $0.02 EPS for the current year.
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A number of equities analysts have recently commented on XPLR shares. Zacks Investment Research downgraded shares of Xplore Technologies Corp from a “hold” rating to a “sell” rating in a research note on Friday, July 7th. Maxim Group set a $4.00 target price on shares of Xplore Technologies Corp and gave the company a “buy” rating in a research note on Thursday, June 1st. ValuEngine upgraded shares of Xplore Technologies Corp from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Finally, Roth Capital raised shares of Xplore Technologies Corp from a “neutral” rating to a “buy” rating and increased their price target for the company from $2.40 to $3.85 in a report on Thursday, August 10th.
An institutional investor recently raised its position in Xplore Technologies Corp stock. Renaissance Technologies LLC increased its position in shares of Xplore Technologies Corp (NASDAQ:XPLR) by 2.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 103,000 shares of the technology company’s stock after buying an additional 2,200 shares during the period. Renaissance Technologies LLC owned about 0.94% of Xplore Technologies Corp worth $208,000 at the end of the most recent reporting period. 17.36% of the stock is owned by institutional investors.
Xplore Technologies Corp Company Profile
Xplore Technologies Corp. (Xplore) is engaged in the development, integration and marketing of rugged mobile personal computers (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions, such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks.
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