Monotype Imaging Holdings Inc. (TYPE) Files Form 4 Insider Selling : Steven R Martin Sells 2,000 Shares

Monotype Imaging Holdings Inc. (TYPE): Steven R Martin , Exec VP, Chief Innovation Off. of Monotype Imaging Holdings Inc. sold 2,000 shares on Apr 13, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $22.56 per share for a total value of $45,121.00 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Monotype Imaging Holdings is Reiterated by Dougherty & Company to Buy while Lowering the Price Target of the company shares to $ 30 from a previous price target of $35 . The Rating was issued on Feb 12, 2016.

Currently the company Insiders own 2.3% of Monotype Imaging Holdings shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -4.94%.Institutional Investors own 94.29% of Monotype Imaging Holdings shares.During last six month period, the net percent change held by insiders has seen a change of -10.96%.

Monotype Imaging Holdings: On Monday, Apr 11, 2016 heightened volatility was witnessed in Monotype Imaging Holdings which led to swings in the share price. The shares opened for trading at $22.33 and hit $22.94 on the upside , eventually ending the session at $22.42, with a gain of 0.04% or 0.01 points. The heightened volatility saw the trading volume jump to 1,02,270 shares. The 52-week high of the share price is $34.42 and the company has a market cap of $898 M . The 52-week low of the share price is at $20.615.

Monotype Imaging Holdings Money Flow Index Chart

Monotype Imaging Holdings Inc. (Monotype) is a provider of type and technology for applications and consumer devices. The Company is engaged in the development marketing and licensing of technologies and fonts. Its business is organized as follows: Creative Professional and original equipment manufacturer (OEM). For the Creative Professional market it provides content across various devices and mediums. It offers products such as Type which include Monotype Libraries Monotype Linotype FontFont ITC Ascender and Bitstream collections; E-commerce Websites; Web Fonts service and font solutions. For the OEM market it offers solutions for consumer device manufacturers and independent software vendors (ISVs). It offers technologies such as screen imaging technologies printer imaging technologies creative tools cloud-based technology platform and font management.

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