Shares of Perry Ellis International Inc. (NASDAQ:PERY) saw an uptick in trading volume on Friday . 84,068 shares traded hands during trading, an increase of 4% from the previous session’s volume of 80,943 shares.The stock last traded at $20.49 and had previously closed at $20.43.

Several brokerages recently commented on PERY. Brean Capital began 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. Sidoti began coverage on shares of Perry Ellis International in a report on Wednesday, June 1st. They set a “buy” rating on the stock. Zacks Investment Research upgraded shares of Perry Ellis International from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a report on Tuesday, May 24th. Wunderlich reiterated a “buy” rating and set a $35.00 price target on shares of Perry Ellis International in a report on Friday, May 20th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $24.00 price target on shares of Perry Ellis International in a report on Thursday, May 19th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $27.83.

The company has a 50-day moving average price of $20.13 and a 200 day moving average price of $18.78. The company’s market cap is $303.16 million.

Perry Ellis International (NASDAQ:PERY) last posted its quarterly earnings data on Thursday, May 19th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.93 by $0.08. During the same period in the previous year, the business earned $0.99 earnings per share. The company had revenue of $250.90 million for the quarter, compared to analysts’ expectations of $253.60 million. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. Analysts anticipate that Perry Ellis International Inc. will post $1.98 earnings per share for the current fiscal year.

In other news, insider John F. Voith sold 3,859 shares of the firm’s stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $19.72, for a total value of $76,099.48. Following the transaction, the insider now directly owns 36,797 shares of the company’s stock, valued at $725,636.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Several institutional investors have bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in Perry Ellis International by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,338,292 shares of the company’s stock valued at $24,652,000 after buying an additional 13,143 shares in the last quarter. Matarin Capital Management LLC acquired a new position in Perry Ellis International during the fourth quarter valued at $1,602,000. Principal Financial Group Inc. increased its position in Perry Ellis International by 5.2% in the fourth quarter. Principal Financial Group Inc. now owns 77,863 shares of the company’s stock valued at $1,434,000 after buying an additional 3,821 shares in the last quarter. GSA Capital Partners LLP increased its position in Perry Ellis International by 35.5% in the fourth quarter. GSA Capital Partners LLP now owns 55,360 shares of the company’s stock valued at $1,020,000 after buying an additional 14,500 shares in the last quarter. Finally, Oxford Asset Management acquired a new position in Perry Ellis International during the fourth quarter valued at $1,816,000.

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.

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