Quad/Graphics Inc. (NYSE:QUAD) Vice Chairman John C. Fowler sold 71,834 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $26.99, for a total value of $1,938,799.66. Following the transaction, the insider now directly owns 207,233 shares in the company, valued at $5,593,218.67. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Shares of Quad/Graphics Inc. (NYSE:QUAD) opened at 27.16 on Friday. The stock’s market capitalization is $1.39 billion. The stock has a 50 day moving average price of $25.39 and a 200 day moving average price of $24.41. Quad/Graphics Inc. has a 52 week low of $7.32 and a 52 week high of $29.50.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Stockholders of record on Monday, November 28th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, November 23rd. This represents a $1.20 annualized dividend and a dividend yield of 4.42%. Quad/Graphics’s dividend payout ratio is currently -1,999.67%.
A number of research analysts recently weighed in on QUAD shares. TheStreet raised Quad/Graphics from a “sell” rating to a “hold” rating in a research note on Wednesday, November 2nd. Sidoti raised Quad/Graphics from a “neutral” rating to a “buy” rating in a research note on Tuesday, August 2nd.
Quad/Graphics Company Profile