Emerald Expositions Events, Inc. (NYSE:EEX) CEO David Loechner sold 31,555 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $20.04, for a total value of $632,362.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Friday, December 8th, David Loechner sold 74,777 shares of Emerald Expositions Events stock. The shares were sold at an average price of $20.81, for a total value of $1,556,109.37.
  • 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. (NYSE:EEX) traded up $0.41 during midday trading on Friday, hitting $20.20. The stock had a trading volume of 492,700 shares, compared to its average volume of 175,499. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.76. Emerald Expositions Events, Inc. has a 12-month low of $18.67 and a 12-month high of $24.56.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th were issued a dividend of $0.07 per share. The ex-dividend date was Wednesday, November 15th. This represents a $0.28 annualized dividend and a dividend yield of 1.39%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EEX. Nationwide Fund Advisors bought a new position in shares of Emerald Expositions Events during the 2nd quarter valued at $200,000. Stifel Financial Corp bought a new position in Emerald Expositions Events in the 3rd quarter worth $216,000. Atlantic Trust Group LLC bought a new position in Emerald Expositions Events in the 2nd quarter worth $274,000. Parametric Portfolio Associates LLC bought a new position in Emerald Expositions Events in the 2nd quarter worth $340,000. Finally, New York State Common Retirement Fund bought a new position in Emerald Expositions Events in the 2nd quarter worth $366,000. 26.61% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have commented on the company. Zacks Investment Research upgraded Emerald Expositions Events from a “sell” rating to a “hold” rating in a research note 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 research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The company presently 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.

Insider Buying and Selling by Quarter for Emerald Expositions Events (NYSE:EEX)

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