Monotype Imaging Holdings Inc. (TYPE): Pamela F Lenehan , director of Monotype Imaging Holdings Inc. sold 2,000 shares on Jul 13, 2016. The Insider selling transaction was reported by the company on Jul 14, 2016 to the Securities and Exchange Commission. The shares were sold at $24.75 per share for a total value of $49,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 14, 2016, Janet M Dunlap (ExecVP Gen Counsel & Secretary) sold 3,062 shares at $25.00 per share price.On Jul 14, 2016, Steven R Martin (Exec VP, Chief Innovation Off.) sold 7,990 shares at $24.88 per share price.Also, On Jun 16, 2016, Pamela F Lenehan (director) sold 2,000 shares at $23.36 per share price.On Jun 15, 2016, John L Seguin (Executive Vice President) sold 563 shares at $23.15 per share price.
Monotype Imaging Holdings: On Wednesday, Jul 13, 2016 heightened volatility was witnessed in Monotype Imaging Holdings which led to swings in the share price. The shares opened for trading at $24.75 and hit $25.37 on the upside , eventually ending the session at $25.12, with a gain of 0.88% or 0.22 points. The heightened volatility saw the trading volume jump to 1,57,990 shares. The 52-week high of the share price is $27.76 and the company has a market cap of $1,021 M . The 52-week low of the share price is at $20.615.
Company has been under the radar of several Street Analysts.Monotype Imaging Holdings is Initiated by Ladenburg Thalmann to Buy and the brokerage firm has set the Price Target at $29. The Rating was issued on May 25, 2016.
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; Fonts.com 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.