Emerald Expositions Events, Inc. (EEX) CEO David Loechner Sells 31,555 Shares

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

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 down $0.23 during trading on Wednesday, reaching $20.41. The company had a trading volume of 135,461 shares, compared to its average volume of 173,694. Emerald Expositions Events, Inc. has a fifty-two week low of $18.67 and a fifty-two week high of $24.56. 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 (NYSE:EEX) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. The business 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 firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $0.43 earnings per share. equities analysts predict that Emerald Expositions Events, Inc. will post 1.06 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend was Wednesday, November 15th.

A number of institutional investors have recently bought and sold shares of EEX. State of New Jersey Common Pension Fund D bought a new position in Emerald Expositions Events during the second quarter worth about $2,190,000. Schwab Charles Investment Management Inc. bought a new position in Emerald Expositions Events during the second quarter worth about $1,150,000. Rhumbline Advisers bought a new position in Emerald Expositions Events during the second quarter worth about $376,000. Bank of New York Mellon Corp bought a new position in Emerald Expositions Events during the second quarter worth about $1,196,000. Finally, American Century Companies Inc. bought a new position in Emerald Expositions Events during the second quarter worth about $1,816,000. Institutional investors and hedge funds own 26.61% of the company’s stock.

Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded Emerald Expositions Events from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Robert W. Baird raised their price target 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 research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. Emerald Expositions Events currently has a consensus rating of “Hold” and an average 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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