Park City Group, Inc. (NASDAQ:PCYG) Director Austin F. Jr. Noll bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was purchased at an average cost of $6.80 per share, with a total value of $34,000.00. Following the completion of the transaction, the director now owns 97,360 shares in the company, valued at $662,048. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Park City Group stock traded down $0.68 during mid-day trading on Thursday, reaching $6.33. 45,496 shares of the company were exchanged, compared to its average volume of 24,881. Park City Group, Inc. has a twelve month low of $5.64 and a twelve month high of $10.33. The company has a current ratio of 3.07, a quick ratio of 2.62 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $125.78 million, a price-to-earnings ratio of 42.20, a PEG ratio of 1.23 and a beta of 1.58.
Park City Group (NASDAQ:PCYG) last posted its quarterly earnings data on Thursday, May 9th. The technology company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). Park City Group had a return on equity of 12.20% and a net margin of 21.85%. The company had revenue of $5.01 million for the quarter, compared to analyst estimates of $6.00 million. Equities analysts predict that Park City Group, Inc. will post 0.27 earnings per share for the current year.
A number of institutional investors have recently bought and sold shares of PCYG. Charles Schwab Investment Management Inc. raised its position in Park City Group by 23.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 30,812 shares of the technology company’s stock worth $247,000 after purchasing an additional 5,812 shares in the last quarter. Handelsbanken Fonder AB acquired a new position in Park City Group in the first quarter worth about $487,000. Investment Management of Virginia LLC increased its holdings in shares of Park City Group by 19.6% during the first quarter. Investment Management of Virginia LLC now owns 165,173 shares of the technology company’s stock worth $1,320,000 after buying an additional 27,098 shares in the last quarter. Parsons Capital Management Inc. RI increased its holdings in shares of Park City Group by 10.0% during the first quarter. Parsons Capital Management Inc. RI now owns 173,242 shares of the technology company’s stock worth $1,384,000 after buying an additional 15,800 shares in the last quarter. Finally, Handelsinvest Investeringsforvaltning acquired a new stake in shares of Park City Group during the first quarter worth approximately $80,000. 28.19% of the stock is owned by institutional investors.
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About Park City Group
Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in the United States. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution that is used for sourcing products, and enables to screen and choose suppliers; ReposiTrak Compliance and Food Safety Solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain Solutions, which enables customers to manage relationships with suppliers.
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