Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Director Roger J. Heinen, Jr. sold 1,500 shares of the stock in a transaction on Monday, August 28th. The stock was sold at an average price of $18.25, for a total value of $27,375.00. Following the transaction, the director now owns 26,140 shares of the company’s stock, valued at approximately $477,055. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) opened at 18.20 on Wednesday. The company has a market cap of $721.76 million, a P/E ratio of 627.59 and a beta of 0.92. The firm has a 50-day moving average price of $18.61 and a 200 day moving average price of $19.56. Monotype Imaging Holdings Inc. has a 52 week low of $15.75 and a 52 week high of $24.45.

Monotype Imaging Holdings (NASDAQ:TYPE) last posted its quarterly earnings data on Friday, July 28th. The software maker reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.06. Monotype Imaging Holdings had a return on equity of 3.51% and a net margin of 0.61%. The company had revenue of $58.70 million for the quarter, compared to analysts’ expectations of $54.36 million. During the same period in the previous year, the firm posted $0.27 EPS. Monotype Imaging Holdings’s revenue was up 20.5% compared to the same quarter last year. Analysts expect that Monotype Imaging Holdings Inc. will post $0.57 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Monday, October 2nd will be issued a $0.113 dividend. This represents a $0.45 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Friday, September 29th. Monotype Imaging Holdings’s payout ratio is 1,500.50%.

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TYPE has been the subject of several analyst reports. Zacks Investment Research downgraded Monotype Imaging Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. BidaskClub upgraded Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Finally, B. Riley restated a “neutral” rating and issued a $20.00 target price on shares of Monotype Imaging Holdings in a research note on Saturday, August 5th.

A number of large investors have recently bought and sold shares of the company. Comerica Bank boosted its position in shares of Monotype Imaging Holdings by 3.3% in the first quarter. Comerica Bank now owns 46,765 shares of the software maker’s stock valued at $998,000 after buying an additional 1,491 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Monotype Imaging Holdings by 12.2% in the first quarter. BNP Paribas Arbitrage SA now owns 8,569 shares of the software maker’s stock valued at $172,000 after buying an additional 929 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Monotype Imaging Holdings by 7.3% in the first quarter. Bank of New York Mellon Corp now owns 836,583 shares of the software maker’s stock valued at $16,815,000 after buying an additional 56,839 shares in the last quarter. Bbva Compass Bancshares Inc. boosted its position in shares of 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 valued at $1,017,000 after buying an additional 7,380 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in shares of 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 valued at $292,000 after buying an additional 501 shares in the last quarter. Institutional investors own 90.33% of the company’s stock.

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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