Collectors Universe, Inc. (NASDAQ:CLCT) shot up 10.3% during trading on Wednesday . The stock traded as high as $28.53 and last traded at $28.49, 169,536 shares changed hands during trading. An increase of 157% from the average session volume of 66,062 shares. The stock had previously closed at $25.82.

The firm has a 50 day moving average of $24.28 and a 200 day moving average of $20.62. The firm has a market cap of $236.70 million, a price-to-earnings ratio of 23.09 and a beta of 1.03. The company has a quick ratio of 1.73, a current ratio of 1.88 and a debt-to-equity ratio of 0.09.

Collectors Universe (NASDAQ:CLCT) last released its earnings results on Wednesday, August 28th. The business services provider reported $0.31 EPS for the quarter. Collectors Universe had a return on equity of 59.82% and a net margin of 13.77%. The business had revenue of $19.78 million during the quarter.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.70 annualized dividend and a yield of 2.46%.

In other Collectors Universe news, CFO Joseph John Wallace sold 2,611 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $21.89, for a total value of $57,154.79. Following the transaction, the chief financial officer now owns 101,224 shares in the company, valued at $2,215,793.36. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Joseph J. Orlando sold 5,326 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $21.89, for a total value of $116,586.14. Following the completion of the transaction, the chief executive officer now owns 28,780 shares in the company, valued at approximately $629,994.20. The disclosure for this sale can be found here. Company insiders own 13.20% of the company’s stock.

A number of large investors have recently made changes to their positions in CLCT. BlackRock Inc. boosted its holdings in Collectors Universe by 993.3% in the second quarter. BlackRock Inc. now owns 481,964 shares of the business services provider’s stock worth $10,285,000 after acquiring an additional 437,882 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Collectors Universe by 40.3% in the second quarter. Vanguard Group Inc. now owns 412,185 shares of the business services provider’s stock worth $8,796,000 after acquiring an additional 118,382 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Collectors Universe by 500.0% in the first quarter. California Public Employees Retirement System now owns 108,000 shares of the business services provider’s stock worth $1,892,000 after acquiring an additional 90,000 shares in the last quarter. Amica Mutual Insurance Co. boosted its holdings in Collectors Universe by 169.3% in the second quarter. Amica Mutual Insurance Co. now owns 129,207 shares of the business services provider’s stock worth $2,757,000 after acquiring an additional 81,234 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Collectors Universe by 57.8% in the second quarter. Wells Fargo & Company MN now owns 205,935 shares of the business services provider’s stock worth $4,393,000 after acquiring an additional 75,437 shares in the last quarter. Institutional investors and hedge funds own 58.87% of the company’s stock.

Collectors Universe Company Profile (NASDAQ:CLCT)

Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs, and historical and sports memorabilia in the United States. It operates through three segments: Coins, Trading Cards and Autographs, and Other High-End Collectibles.

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