ClearOne, Inc. (NASDAQ:CLRO) major shareholder E Bryan Bagley purchased 45,448 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average cost of $6.79 per share, for a total transaction of $308,591.92. Following the purchase, the insider now owns 38,602 shares in the company, valued at $262,107.58. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Shares of ClearOne, Inc. (CLRO) traded down $0.05 during trading on Thursday, reaching $6.80. The company had a trading volume of 45,807 shares, compared to its average volume of 9,888. The firm has a market cap of $60.98, a P/E ratio of 44.57 and a beta of 1.36. ClearOne, Inc. has a twelve month low of $6.75 and a twelve month high of $12.60.

ClearOne (NASDAQ:CLRO) last issued its quarterly earnings data on Wednesday, August 9th. The communications equipment provider reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.07). The business had revenue of $10.31 million for the quarter, compared to analyst estimates of $12.01 million. ClearOne had a positive return on equity of 1.83% and a negative net margin of 2.56%. equities analysts forecast that ClearOne, Inc. will post 0.05 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 22nd will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 4.12%. The ex-dividend date is Tuesday, November 21st. ClearOne’s payout ratio is presently -215.38%.

ILLEGAL ACTIVITY WARNING: “E Bryan Bagley Buys 45,448 Shares of ClearOne, Inc. (CLRO) Stock” was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & international copyright laws. The legal version of this story can be accessed at https://theolympiareport.com/2017/11/09/e-bryan-bagley-buys-45448-shares-of-clearone-inc-clro-stock.html.

CLRO has been the topic of several research analyst reports. B. Riley reaffirmed a “buy” rating and set a $8.50 price objective on shares of ClearOne in a research note on Thursday. ValuEngine raised ClearOne from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.

About ClearOne

ClearOne, Inc (ClearOne) is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The Company designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses.

Insider Buying and Selling by Quarter for ClearOne (NASDAQ:CLRO)

Receive News & Ratings for ClearOne Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearOne Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.