Shares of Perry Ellis International Inc. (NASDAQ:PERY) were up 4.9% during trading on Wednesday . The stock traded as high as $20.07 and last traded at $20.07, with a volume of 67,055 shares trading hands. The stock had previously closed at $19.14.

Several analysts have recently commented on PERY shares. Zacks Investment Research downgraded shares of Perry Ellis International from a “hold” rating to a “sell” rating in a report on Friday, March 11th. Deutsche Bank AG reissued a “hold” rating and set a $24.00 price target on shares of Perry Ellis International in a report on Thursday, May 19th. Sidoti assumed coverage on shares of Perry Ellis International in a report on Wednesday, June 1st. They set a “buy” rating on the stock. Wunderlich reissued a “buy” rating and set a $35.00 price target on shares of Perry Ellis International in a report on Friday, May 20th. Finally, Brean Capital assumed coverage on shares of Perry Ellis International in a report on Tuesday, June 21st. They set a “buy” rating and a $26.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Perry Ellis International has an average rating of “Buy” and an average price target of $27.83.

The company’s market capitalization is $294.57 million. The firm has a 50-day moving average price of $19.86 and a 200-day moving average price of $18.75.

Perry Ellis International (NASDAQ:PERY) last released its quarterly earnings data on Thursday, May 19th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.08. The company had revenue of $250.90 million for the quarter, compared to analyst estimates of $253.60 million. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.99 EPS. On average, equities analysts predict that Perry Ellis International Inc. will post $1.98 EPS for the current fiscal year.

In other Perry Ellis International news, insider John F. Voith sold 3,859 shares of the firm’s stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $19.72, for a total transaction of $76,099.48. Following the sale, the insider now owns 36,797 shares of the company’s stock, valued at $725,636.84. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Several institutional investors have made changes to their positions in PERY. American Century Companies Inc. boosted its position in shares of Perry Ellis International by 94.5% in the fourth quarter. American Century Companies Inc. now owns 145,741 shares of the company’s stock worth $2,685,000 after buying an additional 70,794 shares during the last quarter. Oxford Asset Management acquired a new position in shares of Perry Ellis International during the fourth quarter worth approximately $1,816,000. Matarin Capital Management LLC acquired a new position in shares of Perry Ellis International during the fourth quarter worth approximately $1,602,000. Principal Financial Group Inc. boosted its position in shares of Perry Ellis International by 5.2% in the fourth quarter. Principal Financial Group Inc. now owns 77,863 shares of the company’s stock worth $1,434,000 after buying an additional 3,821 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its position in shares of Perry Ellis International by 504.9% in the fourth quarter. Nationwide Fund Advisors now owns 72,987 shares of the company’s stock worth $1,344,000 after buying an additional 60,922 shares during the last quarter.

Perry Ellis International, Inc is an apparel company. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across retail distribution. The Company’s operating segments include Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.