Skullcandy Inc. (NASDAQ:SKUL)’s share price was up 1.7% during mid-day trading on Monday . The stock traded as high as $6.10 and last traded at $6.07, with a volume of 650,465 shares traded. The stock had previously closed at $5.97.

Several equities analysts have recently issued reports on SKUL shares. Wunderlich restated a “buy” rating and set a $7.00 target price on shares of Skullcandy in a research report on Wednesday, June 8th. Roth Capital restated a “buy” rating on shares of Skullcandy in a research report on Monday, June 27th. Zacks Investment Research upgraded Skullcandy from a “sell” rating to a “hold” rating in a research report on Thursday, July 7th. Finally, DA Davidson lowered Skullcandy from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $4.50 to $5.00 in a research report on Wednesday, June 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. Skullcandy currently has an average rating of “Hold” and an average price target of $6.84.

The company’s 50 day moving average is $5.46 and its 200-day moving average is $4.03. The stock has a market cap of $172.33 million and a PE ratio of 37.86.

Skullcandy (NASDAQ:SKUL) last issued its quarterly earnings data on Wednesday, May 4th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.16) by $0.01. During the same period last year, the business earned ($0.13) EPS. The firm earned $46.30 million during the quarter, compared to the consensus estimate of $45.10 million. Skullcandy’s revenue was up 1.5% compared to the same quarter last year. On average, equities analysts expect that Skullcandy Inc. will post $0.23 earnings per share for the current fiscal year.

In related news, Director Rick Alden sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $3.72, for a total transaction of $93,000.00. Following the completion of the sale, the director now owns 733,597 shares of the company’s stock, valued at $2,728,980.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Ptarmagin, Llc sold 37,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 5th. The stock was sold at an average price of $3.33, for a total value of $124,875.00. Following the sale, the insider now directly owns 3,789,886 shares of the company’s stock, valued at approximately $12,620,320.38. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Skullcandy stock. Dimensional Fund Advisors LP raised its stake in Skullcandy Inc. (NASDAQ:SKUL) by 0.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,506,475 shares of the company’s stock after buying an additional 14,155 shares during the period. Dimensional Fund Advisors LP owned 5.28% of Skullcandy worth $7,126,000 as of its most recent SEC filing.

Skullcandy, Inc creates audio experiences through its Skullcandy and Astro Gaming brands. The Company operates in two segments: Domestic and International. The Domestic segment consists of Skullcandy and Astro Gaming product sales to customers in the United States. The International segment includes Skullcandy product sales to customers in Europe, Asia, Canada Mexico, and all other geographic areas outside the United States that are served by the Company’s International operations.

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