HMH (NASDAQ:HMH) CFO Thomas Mcgee Purchases 50,000 Shares

HMH Holding Inc (NASDAQ:HMH) CFO Thomas Mcgee purchased 50,000 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was bought at an average cost of $20.00 per share, for a total transaction of $1,000,000.00. Following the completion of the acquisition, the chief financial officer directly owned 147,338 shares of the company’s stock, valued at $2,946,760. This represents a 51.37% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

HMH Stock Performance

HMH opened at $18.60 on Tuesday. HMH Holding Inc has a 12-month low of $18.10 and a 12-month high of $20.00.

About HMH

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.