Cray (NASDAQ:CRAY) is scheduled to release its earnings data after the market closes on Tuesday, February 12th. Analysts expect Cray to post earnings of ($0.06) per share for the quarter.

Shares of CRAY stock opened at $22.12 on Friday. The company has a market cap of $894.73 million, a price-to-earnings ratio of -21.90 and a beta of 1.40. Cray has a 12-month low of $18.76 and a 12-month high of $28.60.

In other news, SVP Charles A. Morreale sold 30,518 shares of Cray stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of $26.06, for a total value of $795,299.08. Following the completion of the sale, the senior vice president now directly owns 75,747 shares in the company, valued at $1,973,966.82. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Michael Charles Piraino sold 20,000 shares of Cray stock in a transaction that occurred on Monday, November 26th. The shares were sold at an average price of $25.09, for a total transaction of $501,800.00. Following the completion of the sale, the senior vice president now owns 68,230 shares of the company’s stock, valued at $1,711,890.70. The disclosure for this sale can be found here. Over the last quarter, insiders sold 69,185 shares of company stock valued at $1,748,654. 4.10% of the stock is owned by company insiders.

Several brokerages have issued reports on CRAY. BidaskClub downgraded shares of Cray from a “buy” rating to a “hold” rating in a research report on Tuesday, December 11th. ValuEngine downgraded shares of Cray from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 2nd. Finally, Zacks Investment Research upgraded shares of Cray from a “sell” rating to a “hold” rating in a research report on Tuesday, December 4th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $32.50.

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Cray Company Profile

Cray Inc, together with its subsidiaries, designs, develops, manufactures, markets, and services computing systems, and data analytics and artificial intelligence solutions. It operates through Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other segments.

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Earnings History for Cray (NASDAQ:CRAY)

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