HMH (NASDAQ:HMH) Director Acquires $100,000.00 in Stock

HMH Holding Inc (NASDAQ:HMH) Director Lance Loeffler purchased 5,000 shares of the stock in a transaction dated Thursday, April 2nd. The shares were bought at an average cost of $20.00 per share, for a total transaction of $100,000.00. Following the completion of the purchase, the director owned 13,486 shares in the company, valued at approximately $269,720. This trade represents a 58.92% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

HMH Trading Down 1.2%

Shares of HMH traded down $0.22 during trading hours on Monday, reaching $18.60. The company had a trading volume of 672,779 shares, compared to its average volume of 928,803. HMH Holding Inc has a 12-month low of $18.10 and a 12-month high of $20.00.

HMH Company Profile

Houghton Mifflin Harcourt (HMH) is an education and learning company that produces curricular content, instructional materials, assessment tools and digital learning platforms primarily for the K–12 market. The company develops and licenses print and digital resources designed to support classroom instruction, remote and blended learning, and student assessment across a range of subjects and grade levels.

HMH’s offerings include core and supplemental curricula, adaptive and online learning technologies, formative and summative assessments, and professional development services for educators.