Today, the VP-Corp Controller of Novanta Inc (NASDAQ: NOVT), Peter L. Chang, sold shares of NOVT for $259.9K.
Following Peter L. Chang’s last NOVT Sell transaction on August 22, 2016, the stock climbed by 54.0%.
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Based on Novanta Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $150 million and quarterly net profit of $11.3 million. In comparison, last year the company earned revenue of $119 million and had a net profit of $5.68 million. NOVT’s market cap is $2.47B and the company has a P/E ratio of 140.43. Currently, Novanta Inc has an average volume of 118.7K.
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Novanta, Inc. engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following business segments: Photonics, Vision, and Precision Motion.
