Jonah Staw Purchases 1,000 Shares of Lands’ End Inc. (LE) Stock
Lands’ End Inc. (NASDAQ:LE) Director Jonah Staw acquired 1,000 shares of Lands’ End stock in a transaction on Tuesday, October 4th. The stock was acquired at an average price of $15.21 per share, with a total value of $15,210.00. Following the purchase, the director now directly owns 3,350 shares in the company, valued at $50,953.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Lands’ End Inc. (NASDAQ:LE) opened at 14.97 on Monday. The stock’s 50 day moving average price is $17.32 and its 200 day moving average price is $18.66. The company’s market cap is $479.47 million. Lands’ End Inc. has a 1-year low of $14.03 and a 1-year high of $27.99.
Lands’ End (NASDAQ:LE) last announced its earnings results on Thursday, September 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.08. The company had revenue of $292 million for the quarter, compared to the consensus estimate of $292.25 million. Lands’ End had a negative net margin of 2.66% and a positive return on equity of 6.51%. The firm’s revenue was down 6.5% compared to the same quarter last year. During the same period last year, the business posted $0.23 EPS. On average, equities analysts anticipate that Lands’ End Inc. will post $0.49 earnings per share for the current fiscal year.
Several research analysts have recently weighed in on the company. Zacks Investment Research downgraded Lands’ End from a “hold” rating to a “sell” rating in a research note on Monday, September 5th. CL King downgraded Lands’ End from a “buy” rating to a “neutral” rating in a research note on Monday, September 26th.
Several hedge funds have recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new stake in Lands’ End during the second quarter worth $129,000. Paloma Partners Management Co boosted its stake in Lands’ End by 4.3% in the second quarter. Paloma Partners Management Co now owns 12,255 shares of the company’s stock worth $201,000 after buying an additional 507 shares during the last quarter. Zacks Investment Management acquired a new stake in Lands’ End during the second quarter worth $218,000. Trexquant Investment LP acquired a new stake in Lands’ End during the second quarter worth $224,000. Finally, Royal Bank of Canada boosted its stake in Lands’ End by 114.9% in the first quarter. Royal Bank of Canada now owns 19,957 shares of the company’s stock worth $509,000 after buying an additional 154,295 shares during the last quarter. 71.31% of the stock is owned by hedge funds and other institutional investors.
Lands’ End Company Profile
Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.
Receive News & Ratings for Lands' End Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lands' End Inc. and related companies with MarketBeat.com's FREE daily email newsletter.