Joel Clinton Peterson Sold 1,792 Shares of Franklin Covey Co. (FC) Shares

Joel Clinton Peterson Sold 1,792 Shares of Franklin Covey Co. (FC) Shares

Franklin Covey Co. (NYSE:FC) Director Joel Clinton Peterson sold 1,792 shares of Franklin Covey stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $20.08, for a total transaction of $35,983.36. Following the completion of the sale, the director now directly owns 232,449 shares of the company’s stock, valued at approximately $4,667,575.92. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Joel Clinton Peterson also recently made the following trade(s):

Franklin Covey Co. (NYSE:FC) traded down 2.42% on Friday, hitting $20.20. 42,852 shares of the stock traded hands. Franklin Covey Co. has a 52 week low of $13.45 and a 52 week high of $22.45. The firm’s 50 day moving average is $20.83 and its 200 day moving average is $19.38. The stock’s market cap is $279.22 million.

Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Thursday, March 30th. The business services provider reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by $0.02. The firm had revenue of $42.20 million during the quarter, compared to analyst estimates of $41.72 million. Franklin Covey had a net margin of 1.17% and a return on equity of 2.46%. The business’s revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.03) EPS. Equities analysts anticipate that Franklin Covey Co. will post ($0.16) earnings per share for the current year.

Several brokerages recently commented on FC. B. Riley reiterated a “buy” rating and issued a $24.00 target price on shares of Franklin Covey in a report on Sunday, April 2nd. Zacks Investment Research upgraded shares of Franklin Covey from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 7th. Finally, ValuEngine upgraded shares of Franklin Covey from a “sell” rating to a “hold” rating in a report on Friday. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $24.00.

Hedge funds have recently made changes to their positions in the stock. Pembroke Management LTD boosted its stake in Franklin Covey by 12.5% in the first quarter. Pembroke Management LTD now owns 906,972 shares of the business services provider’s stock worth $18,320,000 after buying an additional 100,800 shares in the last quarter. Modera Wealth Management LLC bought a new stake in Franklin Covey during the first quarter worth about $520,000. Vanguard Group Inc. boosted its stake in Franklin Covey by 4.3% in the first quarter. Vanguard Group Inc. now owns 488,489 shares of the business services provider’s stock worth $9,867,000 after buying an additional 20,353 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Franklin Covey by 21.6% in the fourth quarter. Renaissance Technologies LLC now owns 107,900 shares of the business services provider’s stock worth $2,174,000 after buying an additional 19,200 shares in the last quarter. Finally, GSA Capital Partners LLP boosted its stake in Franklin Covey by 159.2% in the fourth quarter. GSA Capital Partners LLP now owns 27,308 shares of the business services provider’s stock worth $550,000 after buying an additional 16,774 shares in the last quarter. Hedge funds and other institutional investors own 57.17% of the company’s stock.

Franklin Covey Company Profile

Franklin Covey Co is a global company specializing in performance improvement. The Company’s segments are Direct Offices, Strategic Markets, Education practice and International Licensees. The Direct Offices segment consists of its geographic sales offices that serve the United States and Canada, its international sales offices located in Japan, the United Kingdom and Australia, and its public programs group.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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