Collectors Universe (NASDAQ:CLCT) Director A Clinton Allen sold 11,000 shares of the firm’s stock in a transaction dated Monday, April 9th. The shares were sold at an average price of $16.13, for a total value of $177,430.00. Following the completion of the sale, the director now directly owns 103,871 shares in the company, valued at $1,675,439.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
A Clinton Allen also recently made the following trade(s):
- On Friday, February 23rd, A Clinton Allen sold 30,000 shares of Collectors Universe stock. The shares were sold at an average price of $16.24, for a total value of $487,200.00.
NASDAQ CLCT opened at $16.77 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.32 and a quick ratio of 1.06. Collectors Universe has a twelve month low of $14.23 and a twelve month high of $30.82. The stock has a market capitalization of $152.19, a P/E ratio of 18.76 and a beta of 1.12.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new stake in shares of Collectors Universe in the third quarter valued at about $463,000. Dimensional Fund Advisors LP lifted its stake in shares of Collectors Universe by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 281,307 shares of the business services provider’s stock valued at $6,743,000 after buying an additional 6,198 shares during the period. Spark Investment Management LLC bought a new stake in shares of Collectors Universe in the fourth quarter valued at about $223,000. SG Americas Securities LLC bought a new stake in shares of Collectors Universe in the fourth quarter valued at about $106,000. Finally, Algert Global LLC lifted its stake in shares of Collectors Universe by 14.8% in the fourth quarter. Algert Global LLC now owns 132,899 shares of the business services provider’s stock valued at $3,806,000 after buying an additional 17,173 shares during the period. Institutional investors and hedge funds own 46.66% of the company’s stock.
Several equities research analysts have recently issued reports on the company. BidaskClub downgraded Collectors Universe from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 4th. TheStreet downgraded Collectors Universe from a “b” rating to a “c” rating in a research report on Monday, February 12th.
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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. The company operates through three segments: Coins; Trading Cards and Autographs; and Other High-End Collectibles. It offers independent coin authentication and grading services under the Professional Coin Grading Service brand; independent sports and trading cards authentication and grading service under the Professional Sports Authenticator brand; and independent authentication and grading service for vintage autographs and memorabilia under the PSA/DNA Authentication brand.
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