Insider Buying: Lands’ End, Inc. (LE) Director Buys 900 Shares of Stock
Lands’ End, Inc. (NASDAQ:LE) Director Jonah Staw acquired 900 shares of the business’s stock in a transaction that occurred on Thursday, February 16th. The stock was purchased at an average price of $18.11 per share, for a total transaction of $16,299.00. Following the acquisition, the director now directly owns 4,250 shares in the company, valued at approximately $76,967.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Lands’ End, Inc. (NASDAQ:LE) opened at 18.30 on Friday. Lands’ End, Inc. has a 12-month low of $14.03 and a 12-month high of $27.60. The stock’s market cap is $586.13 million. The company has a 50 day moving average price of $16.07 and a 200 day moving average price of $16.50.
Lands’ End (NASDAQ:LE) last released its quarterly earnings results on Thursday, December 1st. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.06. The company had revenue of $311.50 million for the quarter, compared to analysts’ expectations of $303.61 million. Lands’ End had a positive return on equity of 3.02% and a negative net margin of 4.03%. During the same period in the previous year, the business posted $0.33 EPS. Analysts anticipate that Lands’ End, Inc. will post ($0.05) earnings per share for the current fiscal year.
This piece was reported by Daily Political and is the sole property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and republished in violation of U.S. & international trademark & copyright legislation. The original version of this piece can be accessed at http://www.dailypolitical.com/2017/02/17/insider-buying-lands-end-inc-le-director-buys-900-shares-of-stock.html.
Separately, Zacks Investment Research upgraded Lands’ End from a “sell” rating to a “hold” rating in a report on Wednesday, November 2nd.
A number of institutional investors have recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL increased its position in Lands’ End by 84.7% in the fourth quarter. Gamco Investors INC. ET AL now owns 27,700 shares of the company’s stock valued at $420,000 after buying an additional 12,700 shares during the last quarter. Gabelli Funds LLC increased its position in Lands’ End by 14.6% in the fourth quarter. Gabelli Funds LLC now owns 72,000 shares of the company’s stock valued at $1,091,000 after buying an additional 9,200 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Lands’ End by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 135,810 shares of the company’s stock valued at $2,058,000 after buying an additional 2,745 shares during the last quarter. State Street Corp increased its position in Lands’ End by 4.1% in the fourth quarter. State Street Corp now owns 283,599 shares of the company’s stock valued at $4,298,000 after buying an additional 11,123 shares during the last quarter. Finally, Force Capital Management LLC bought a new position in Lands’ End during the third quarter valued at $1,015,000. 69.22% of the stock is owned by 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.