Insider Selling: Utah Medical Products Inc. (UTMD) CEO Sells $88,073.64 in Stock
Utah Medical Products Inc. (NASDAQ:UTMD) CEO Kevin L. Cornwell sold 1,396 shares of Utah Medical Products stock in a transaction dated Tuesday, September 13th. The stock was sold at an average price of $63.09, for a total transaction of $88,073.64. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of Utah Medical Products Inc. (NASDAQ:UTMD) opened at 59.83 on Wednesday. The stock has a market capitalization of $224.96 million, a P/E ratio of 17.72 and a beta of 0.44. Utah Medical Products Inc. has a one year low of $51.00 and a one year high of $68.90. The stock’s 50 day moving average is $63.23 and its 200-day moving average is $63.96.
Utah Medical Products (NASDAQ:UTMD) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.86 earnings per share for the quarter. Utah Medical Products had a net margin of 31.58% and a return on equity of 18.15%. On average, equities research analysts expect that Utah Medical Products Inc. will post $2.81 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 4th. Shareholders of record on Friday, September 16th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Wednesday, September 14th. Utah Medical Products’s payout ratio is 30.86%.
About Utah Medical Products
Utah Medical Products, Inc (UTMD) is engaged in the business of producing medical devices that are disposable and for hospital use. The Company’s product categories include labor and delivery/obstetrics, including fetal monitoring accessories, Vacuum-Assisted Delivery Systems (VAD), and other labor and delivery tools; neonatal intensive care, including DISPOSA-HOOD, DELTRAN PLUS and GESCO; gynecology/urology/electrosurgery, including LETZ System, FINESSE+ Generator, EPITOME, PATHFINDER PLUS, HOLMIUM LASER FIBRES, LIBERTY System, ENDOCURETTE, TVUS/HSG-Cath and LUMIN, and blood pressure monitoring, including DELTRAN Disposable Pressure Transducer (DPT), and pressure monitoring accessories, components and other molded parts.
Receive News & Ratings for Utah Medical Products Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Utah Medical Products Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.