Andrew R. Heyer Purchases 100,000 Shares of FORM Holdings Corp. (FH) Stock
FORM Holdings Corp. (NYSE:FH) Director Andrew R. Heyer bought 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were acquired at an average cost of $1.32 per share, for a total transaction of $132,000.00. Following the completion of the acquisition, the director now directly owns 115,000 shares in the company, valued at approximately $151,800. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
FORM Holdings Corp. (NYSE:FH) opened at 1.43 on Friday. The firm’s market capitalization is $37.87 million. The company’s 50 day moving average price is $1.21 and its 200-day moving average price is $1.65. FORM Holdings Corp. has a 12-month low of $1.11 and a 12-month high of $4.05.
FORM Holdings Corp. (NYSE:FH) last posted its earnings results on Wednesday, August 9th. The company reported ($0.28) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.15). The company had revenue of $16.38 million during the quarter. On average, equities analysts anticipate that FORM Holdings Corp. will post ($0.76) earnings per share for the current fiscal year.
An institutional investor recently raised its position in FORM Holdings Corp. stock. Manatuck Hill Partners LLC raised its holdings in shares of FORM Holdings Corp. (NYSE:FH) by 25.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,000 shares of the company’s stock after buying an additional 25,000 shares during the quarter. Manatuck Hill Partners LLC owned about 0.64% of FORM Holdings Corp. worth $206,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, Roth Capital assumed coverage on FORM Holdings Corp. in a report on Tuesday, August 8th. They set a “buy” rating and a $3.00 target price on the stock.
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