Thomas Mcgee Acquires 50,000 Shares of HMH (NASDAQ:HMH) Stock

HMH Holding Inc (NASDAQ:HMH) CFO Thomas Mcgee acquired 50,000 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was acquired at an average price of $20.00 per share, with a total value of $1,000,000.00. Following the transaction, the chief financial officer directly owned 147,338 shares of the company’s stock, valued at $2,946,760. This represents a 51.37% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

HMH Stock Performance

Shares of HMH traded down $0.22 on Monday, reaching $18.60. The stock had a trading volume of 672,779 shares, compared to its average volume of 928,803. HMH Holding Inc has a twelve month low of $18.10 and a twelve month high of $20.00.

About HMH

Houghton Mifflin Harcourt (HMH) is an education and learning company that produces curricular content, instructional materials, assessment tools and digital learning platforms primarily for the K–12 market. The company develops and licenses print and digital resources designed to support classroom instruction, remote and blended learning, and student assessment across a range of subjects and grade levels.

HMH’s offerings include core and supplemental curricula, adaptive and online learning technologies, formative and summative assessments, and professional development services for educators.