Today, a Director at Zagg Inc (NASDAQ: ZAGG), Cheryl Larabee, sold shares of ZAGG for $269.2K.
Following Cheryl Larabee’s last ZAGG Sell transaction on November 10, 2014, the stock climbed by 9.3%.
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Based on Zagg Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $112 million and quarterly net profit of $7.03 million. In comparison, last year the company earned revenue of $92.95 million and had a GAAP net loss of $6.14 million. ZAGG’s market cap is $415.3M and the company has a P/E ratio of 15.61. Currently, Zagg Inc has an average volume of 858.7K.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $19.00, reflecting a -19.5% downside.
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Zagg, Inc. engages in the design, production, and distribution of mobile tech accessories for smartphones and tablets. It operates through the ZAGG and mophie segments.
