Stamps.com Inc. (NASDAQ:STMP) was down 3.1% on Friday . The stock traded as low as $71.77 and last traded at $72.46, with a volume of 1,287,755 shares traded. The stock had previously closed at $74.80.

Several equities research analysts have weighed in on STMP shares. Craig Hallum reaffirmed a “buy” rating on shares of Stamps.com in a research report on Tuesday. B. Riley reaffirmed a “buy” rating and set a $150.00 price target on shares of Stamps.com in a research report on Wednesday, June 15th. Finally, Zacks Investment Research downgraded Stamps.com from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $111.60.

The company’s 50 day moving average price is $88.00 and its 200-day moving average price is $95.25. The firm has a market cap of $1.30 billion and a PE ratio of 128.16.

Stamps.com (NASDAQ:STMP) last announced its quarterly earnings results on Monday, May 9th. The company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.66. During the same period last year, the firm earned $0.72 earnings per share. The company earned $81.80 million during the quarter, compared to analysts’ expectations of $68.73 million. Stamps.com’s revenue was up 85.7% on a year-over-year basis. On average, equities analysts predict that Stamps.com Inc. will post $6.02 earnings per share for the current fiscal year.

In related news, insider James Bortnak sold 5,000 shares of the business’s stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $83.97, for a total value of $419,850.00. Following the completion of the sale, the insider now directly owns 6,093 shares of the company’s stock, valued at $511,629.21. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Other large investors recently made changes to their positions in the company. Comerica Bank boosted its stake in shares of Stamps.com by 0.9% in the fourth quarter. Comerica Bank now owns 15,151 shares of the company’s stock worth $1,527,000 after buying an additional 140 shares during the period. California State Teachers Retirement System boosted its stake in shares of Stamps.com by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 26,453 shares of the company’s stock worth $2,900,000 after buying an additional 500 shares during the period. Russell Frank Co boosted its stake in shares of Stamps.com by 0.6% in the fourth quarter. Russell Frank Co now owns 121,196 shares of the company’s stock worth $13,605,000 after buying an additional 723 shares during the period. US Bancorp DE boosted its stake in shares of Stamps.com by 11.7% in the fourth quarter. US Bancorp DE now owns 13,136 shares of the company’s stock worth $1,439,000 after buying an additional 1,373 shares during the period. Finally, Rhumbline Advisers boosted its stake in shares of Stamps.com by 11.8% in the fourth quarter. Rhumbline Advisers now owns 18,214 shares of the company’s stock worth $1,996,000 after buying an additional 1,921 shares during the period.

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions. The Company operates through the Internet Mailing and Shipping Services segment. Under the Stamps.com and Endicia branded solutions, the Company’s customers use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others.

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