Collectors Universe, Inc. (CLCT) President Sells $521,400.00 in Stock
Collectors Universe, Inc. (NASDAQ:CLCT) President David G. Hall sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $26.07, for a total value of $521,400.00. Following the transaction, the president now directly owns 423,499 shares of the company’s stock, valued at approximately $11,040,618.93. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Collectors Universe, Inc. (NASDAQ CLCT) opened at $26.42 on Friday. Collectors Universe, Inc. has a twelve month low of $19.07 and a twelve month high of $28.83. The company has a current ratio of 1.50, a quick ratio of 1.26 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $229.72, a P/E ratio of 21.11 and a beta of 0.90.
Collectors Universe (NASDAQ:CLCT) last posted its earnings results on Thursday, November 2nd. The business services provider reported $0.41 earnings per share for the quarter. Collectors Universe had a return on equity of 70.02% and a net margin of 14.24%. The firm had revenue of $19.75 million for the quarter.
The company also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.30%. Collectors Universe’s dividend payout ratio (DPR) is 114.75%.
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Several hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC grew its holdings in shares of Collectors Universe by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 731,119 shares of the business services provider’s stock worth $18,168,000 after acquiring an additional 14,700 shares during the period. Vanguard Group Inc. grew its holdings in shares of Collectors Universe by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 291,853 shares of the business services provider’s stock worth $7,252,000 after acquiring an additional 3,929 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Collectors Universe by 2.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 281,307 shares of the business services provider’s stock worth $6,743,000 after acquiring an additional 6,198 shares during the period. FMR LLC purchased a new stake in shares of Collectors Universe in the 2nd quarter worth approximately $5,725,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Collectors Universe by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 136,583 shares of the business services provider’s stock worth $3,394,000 after buying an additional 2,462 shares during the last quarter. Hedge funds and other institutional investors own 42.94% of the company’s stock.
Collectors Universe Company Profile
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles.
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