Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Director Roger J. Heinen, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $18.90, for a total transaction of $28,350.00. Following the sale, the director now owns 27,640 shares of the company’s stock, valued at $522,396. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) traded down 3.63% during midday trading on Tuesday, hitting $18.60. 148,502 shares of the company’s stock were exchanged. Monotype Imaging Holdings Inc. has a one year low of $15.75 and a one year high of $24.45. The firm has a market cap of $737.62 million, a PE ratio of 641.38 and a beta of 0.92. The stock’s 50-day moving average price is $18.62 and its 200 day moving average price is $19.78.

Monotype Imaging Holdings (NASDAQ:TYPE) last posted its quarterly earnings data on Friday, July 28th. The software maker reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.06. Monotype Imaging Holdings had a net margin of 0.61% and a return on equity of 3.51%. The company had revenue of $58.70 million during the quarter, compared to the consensus estimate of $54.36 million. During the same quarter in the prior year, the company posted $0.27 EPS. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. Equities research analysts forecast that Monotype Imaging Holdings Inc. will post $0.57 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Monday, October 2nd will be paid a dividend of $0.113 per share. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Friday, September 29th. Monotype Imaging Holdings’s dividend payout ratio is currently 1,500.50%.

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Several hedge funds and other institutional investors have recently bought and sold shares of TYPE. Bbva Compass Bancshares Inc. increased its position in Monotype Imaging Holdings by 17.1% in the first quarter. Bbva Compass Bancshares Inc. now owns 50,616 shares of the software maker’s stock worth $1,017,000 after buying an additional 7,380 shares in the last quarter. First Trust Advisors LP increased its position in Monotype Imaging Holdings by 3.6% in the first quarter. First Trust Advisors LP now owns 14,505 shares of the software maker’s stock worth $292,000 after buying an additional 501 shares in the last quarter. Stoneridge Investment Partners LLC increased its position in Monotype Imaging Holdings by 24.5% in the first quarter. Stoneridge Investment Partners LLC now owns 44,089 shares of the software maker’s stock worth $886,000 after buying an additional 8,663 shares in the last quarter. Great West Life Assurance Co. Can increased its position in Monotype Imaging Holdings by 3.4% in the first quarter. Great West Life Assurance Co. Can now owns 58,253 shares of the software maker’s stock worth $1,168,000 after buying an additional 1,891 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in Monotype Imaging Holdings by 1.3% in the first quarter. Wells Fargo & Company MN now owns 1,064,499 shares of the software maker’s stock worth $21,396,000 after buying an additional 13,382 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Several research firms recently issued reports on TYPE. Zacks Investment Research upgraded shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a research report on Saturday. B. Riley restated a “neutral” rating and set a $20.00 price objective on shares of Monotype Imaging Holdings in a research report on Saturday, August 5th. Finally, BidaskClub upgraded shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a research report on Monday, July 24th.

Monotype Imaging Holdings Company Profile

Monotype Imaging Holdings Inc is engaged in the development, marketing and licensing of technologies and fonts. The Company empowers expression and engagement for creatives, designers, engineers and marketers. It organizes its business operations into two areas: creative professionals and original equipment manufacturer (OEM).

Insider Buying and Selling by Quarter for Monotype Imaging Holdings (NASDAQ:TYPE)

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