FORM Holdings Corp. (NYSE:FH) issued its quarterly earnings data on Wednesday. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by $0.15, Morningstar.com reports. The company had revenue of $16.38 million for the quarter.
Shares of FORM Holdings Corp. (NYSE FH) traded down 8.73% during trading on Thursday, reaching $1.15. 156,157 shares of the company were exchanged. FORM Holdings Corp. has a 1-year low of $1.11 and a 1-year high of $4.05. The firm has a 50-day moving average price of $1.42 and a 200-day moving average price of $1.83. The stock’s market capitalization is $22.50 million.
Separately, Roth Capital assumed coverage on shares of FORM Holdings Corp. in a research note on Tuesday. They issued a “buy” rating and a $3.00 price objective for the company.
In related news, Director Bruce Bernstein acquired 23,700 shares of the stock in a transaction that occurred on Thursday, May 18th. The stock was purchased at an average price of $1.61 per share, with a total value of $38,157.00. Following the transaction, the director now owns 380,045 shares of the company’s stock, valued at approximately $611,872.45. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard Abbe acquired 39,670 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were bought at an average cost of $1.54 per share, with a total value of $61,091.80. The disclosure for this purchase can be found here. Insiders have purchased a total of 155,656 shares of company stock valued at $250,128 in the last ninety days.
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