eMagin Co. (NYSEAMERICAN:EMAN) major shareholder Stillwater Holdings Llc sold 12,019 shares of eMagin stock in a transaction on Wednesday, June 9th. The shares were sold at an average price of $3.54, for a total transaction of $42,547.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Stillwater Holdings Llc also recently made the following trade(s):
- On Monday, June 7th, Stillwater Holdings Llc sold 19,762 shares of eMagin stock. The shares were sold at an average price of $3.62, for a total transaction of $71,538.44.
- On Thursday, March 25th, Stillwater Holdings Llc sold 85,505 shares of eMagin stock. The shares were sold at an average price of $3.28, for a total transaction of $280,456.40.
- On Friday, March 19th, Stillwater Holdings Llc sold 183,105 shares of eMagin stock. The stock was sold at an average price of $4.07, for a total transaction of $745,237.35.
- On Wednesday, March 17th, Stillwater Holdings Llc sold 232,123 shares of eMagin stock. The stock was sold at an average price of $3.96, for a total transaction of $919,207.08.
- On Monday, March 15th, Stillwater Holdings Llc sold 31,341 shares of eMagin stock. The stock was sold at an average price of $4.59, for a total transaction of $143,855.19.
EMAN traded up $0.06 on Friday, hitting $3.44. 647,853 shares of the company were exchanged, compared to its average volume of 2,048,487. The company has a quick ratio of 0.99, a current ratio of 1.45 and a debt-to-equity ratio of 0.82. The business has a fifty day moving average price of $1.41. eMagin Co. has a fifty-two week low of $0.74 and a fifty-two week high of $5.42. The firm has a market capitalization of $248.61 million, a price-to-earnings ratio of -13.27 and a beta of 1.69.
eMagin (NYSEAMERICAN:EMAN) last issued its earnings results on Wednesday, March 17th. The semiconductor company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). eMagin had a negative return on equity of 41.74% and a negative net margin of 59.24%. The company had revenue of $7.68 million for the quarter, compared to analyst estimates of $7.50 million. On average, sell-side analysts predict that eMagin Co. will post -0.07 earnings per share for the current fiscal year.
A number of research analysts have recently issued reports on EMAN shares. HC Wainwright reiterated a “buy” rating on shares of eMagin in a research note on Friday, May 14th. Zacks Investment Research upgraded shares of eMagin from a “sell” rating to a “buy” rating and set a $2.75 price target on the stock in a research note on Wednesday, May 19th.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Barclays PLC purchased a new stake in shares of eMagin in the first quarter valued at about $25,000. Victory Capital Management Inc. purchased a new position in shares of eMagin during the first quarter valued at approximately $38,000. Game Plan Financial Advisors LLC purchased a new position in shares of eMagin during the first quarter valued at approximately $52,000. BlackRock Inc. lifted its stake in shares of eMagin by 105.2% during the fourth quarter. BlackRock Inc. now owns 31,256 shares of the semiconductor company’s stock valued at $52,000 after buying an additional 16,023 shares during the period. Finally, Price T Rowe Associates Inc. MD purchased a new position in shares of eMagin during the first quarter valued at approximately $69,000. 13.97% of the stock is currently owned by institutional investors.
eMagin Company Profile
eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL.
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