Sonic Foundry, Inc. (SOFO) CFO Kenneth A. Minor Acquires 6,840 Shares of Stock
Sonic Foundry, Inc. (NASDAQ:SOFO) CFO Kenneth A. Minor acquired 6,840 shares of the firm’s stock in a transaction on Monday, August 28th. The shares were bought at an average cost of $3.22 per share, with a total value of $22,024.80. Following the completion of the acquisition, the chief financial officer now directly owns 35,759 shares in the company, valued at approximately $115,143.98. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Sonic Foundry, Inc. (SOFO) opened at 3.43 on Wednesday. Sonic Foundry, Inc. has a one year low of $3.40 and a one year high of $6.49. The company’s market capitalization is $15.29 million. The firm’s 50-day moving average price is $3.62 and its 200-day moving average price is $4.36.
Sonic Foundry (NASDAQ:SOFO) last posted its earnings results on Thursday, August 10th. The software maker reported ($0.13) EPS for the quarter. Sonic Foundry had a negative net margin of 11.58% and a negative return on equity of 96.92%. The firm had revenue of $9.83 million for the quarter. Analysts anticipate that Sonic Foundry, Inc. will post $0.23 earnings per share for the current year.
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About Sonic Foundry
Sonic Foundry, Inc is engaged in the business of providing enterprise solutions and services for the Web communications market. The Company is engaged in offering video capture, management and Webcasting solutions in education, business and government. Using its Mediasite Webcasting platform and Webcast services of the Company’s events team, the Company allows its customers to share knowledge online, using video Webcasts to bridge time and distance, and develop learning outcomes.
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