Lands’ End Inc. (LE) Director Acquires $75,000.00 in Stock
Lands’ End Inc. (NASDAQ:LE) Director Elizabeth Leykum purchased 5,000 shares of the company’s stock in a transaction on Friday, October 7th. The shares were purchased at an average cost of $15.00 per share, for a total transaction of $75,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Lands’ End Inc. (NASDAQ:LE) traded down 0.20% during trading on Tuesday, hitting $14.88. 17,075 shares of the stock traded hands. The stock’s market cap is $476.59 million. The stock has a 50 day moving average price of $17.26 and a 200-day moving average price of $18.47. Lands’ End Inc. has a 1-year low of $14.03 and a 1-year high of $27.99.
Lands’ End (NASDAQ:LE) last posted its quarterly 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. Lands’ End had a negative net margin of 2.66% and a positive return on equity of 6.51%. The business earned $292 million during the quarter, compared to analyst estimates of $292.25 million. During the same period in the previous year, the business posted $0.23 EPS. The business’s revenue for the quarter was down 6.5% compared to the same quarter last year. Equities analysts forecast that Lands’ End Inc. will post $0.49 EPS for the current year.
A number of hedge funds have recently bought and sold shares of the stock. Trexquant Investment LP acquired a new stake in Lands’ End during the second quarter valued at about $224,000. BlackRock Investment Management LLC increased its stake in Lands’ End by 6.5% in the second quarter. BlackRock Investment Management LLC now owns 64,041 shares of the company’s stock valued at $1,052,000 after buying an additional 3,894 shares during the last quarter. Vanguard Group Inc. increased its stake in Lands’ End by 2.0% in the second quarter. Vanguard Group Inc. now owns 1,115,264 shares of the company’s stock valued at $18,311,000 after buying an additional 21,826 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Lands’ End by 2.1% in the second quarter. Dimensional Fund Advisors LP now owns 136,548 shares of the company’s stock valued at $2,242,000 after buying an additional 2,824 shares during the last quarter. Finally, Olstein Capital Management L.P. increased its stake in Lands’ End by 79.8% in the second quarter. Olstein Capital Management L.P. now owns 152,970 shares of the company’s stock valued at $2,512,000 after buying an additional 67,870 shares during the last quarter. 71.31% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have recently weighed in on LE shares. Zacks Investment Research raised shares of Lands’ End from a “sell” rating to a “hold” rating in a research report on Wednesday, September 14th. CL King lowered shares of Lands’ End from a “buy” rating to a “neutral” rating in a research report on Monday, September 26th.
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.