Lexmark Ceo Need Cash, Sells Off $125,169.50 Worth of Shares

[Anonymous]

Lexmark Ceo Need Cash, Sells Off  $125,169.50 Worth of Shares
Lexmark International CEO Paul Rooke Sells 3,475 Shares (LXK)
Posted by Stephan Byrd

Lexmark International (NYSE:LXK) CEO Paul Rooke sold 3,475 shares of the stock on the open market in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $36.02, for a total transaction of $125,169.50. Following the transaction, the chief executive officer now directly owns 35,236 shares in the company, valued at approximately $1,269,201. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
http://www.sec.gov/Archives/edgar/data/1001288/000122520813022337/xslF345X01/doc4.xml

Lexmark International (NYSE:LXK) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.95 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.91 by $0.04. The company had revenue of $890.00 million for the quarter, compared to the consensus estimate of $872.20 million. During the same quarter in the prior year, the company posted $0.94 earnings per share. The company’s quarterly revenue was down 2.7% on a year-over-year basis. Analysts expect that Lexmark International will post $3.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, December 13th. Investors of record on Friday, November 29th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Tuesday, November 26th.

Lexmark International, Inc (NYSE:LXK) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services, document workflow, and also provides business process and content management solutions.

Lexmark Ceo Need Cash, Sells Off  $125,169.50 Worth of Shares
Lexmark International CEO Paul Rooke Sells 3,475 Shares (LXK)
Posted by Stephan Byrd

Lexmark International (NYSE:LXK) CEO Paul Rooke sold 3,475 shares of the stock on the open market in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $36.02, for a total transaction of $125,169.50. Following the transaction, the chief executive officer now directly owns 35,236 shares in the company, valued at approximately $1,269,201. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
http://www.sec.gov/Archives/edgar/data/1001288/000122520813022337/xslF345X01/doc4.xml

Lexmark International (NYSE:LXK) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.95 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.91 by $0.04. The company had revenue of $890.00 million for the quarter, compared to the consensus estimate of $872.20 million. During the same quarter in the prior year, the company posted $0.94 earnings per share. The company’s quarterly revenue was down 2.7% on a year-over-year basis. Analysts expect that Lexmark International will post $3.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, December 13th. Investors of record on Friday, November 29th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Tuesday, November 26th.

Lexmark International, Inc (NYSE:LXK) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services, document workflow, and also provides business process and content management solutions.

[Author]

November 19, 2013 at 11:30 AM