Jeffrey H. Coats Sells 19,590 Shares of Autobytel Inc. (AUTO) Stock

Autobytel Inc. (NASDAQ:AUTO) insider Jeffrey H. Coats sold 19,590 shares of the stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $8.62, for a total value of $168,865.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Autobytel Inc. (NASDAQ:AUTO) opened at $8.71 on Friday. Autobytel Inc. has a 12 month low of $6.63 and a 12 month high of $15.28. The firm has a market cap of $113.95, a PE ratio of 12.62 and a beta of 1.06. The company has a current ratio of 2.99, a quick ratio of 2.99 and a debt-to-equity ratio of 0.07.

Autobytel (NASDAQ:AUTO) last announced its earnings results on Thursday, November 2nd. The information services provider reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.08. Autobytel had a net margin of 1.51% and a return on equity of 7.47%. The business had revenue of $36.90 million during the quarter, compared to the consensus estimate of $36.84 million. During the same quarter in the prior year, the firm earned $0.49 earnings per share. The business’s quarterly revenue was down 12.6% compared to the same quarter last year. research analysts expect that Autobytel Inc. will post 0.49 EPS for the current fiscal year.

Several research firms have issued reports on AUTO. Zacks Investment Research upgraded shares of Autobytel from a “hold” rating to a “buy” rating and set a $8.50 price objective for the company in a research note on Wednesday, November 8th. Barrington Research upgraded shares of Autobytel from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 7th. B. Riley restated a “buy” rating and issued a $12.00 price objective on shares of Autobytel in a research note on Friday, November 3rd. TheStreet downgraded shares of Autobytel from a “c” rating to a “d+” rating in a research note on Monday, October 9th. Finally, ValuEngine downgraded shares of Autobytel from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $10.25.

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Autobytel Company Profile

AutoWeb, Inc, formerly Autobytel Inc, is an automotive marketing services company that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers through the programs for online lead referrals, dealer marketing products and services, and online advertising programs and mobile products.

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